American Apparel (APP) Catches Eye: Stock Soars 21.6%
American Apparel, Inc. (APP) was a big mover last session with shares surging nearly 21% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the volatile price range of $0.47 to $0.54 since Mar 26.
This apparel retailer has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
American Apparel currently bears a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Some other well-placed retail stocks include Bebe Stores, Inc. (BEBE), Union Esprit Holdings Ltd. (ESPGY) and Belle International Holdings Limited (BELLY). All three stocks hold a Zacks Rank #2 (Buy).
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AMERICAN APPAREL INC (APP): Free Stock Analysis Report
BEBE STORES INC (BEBE): Free Stock Analysis Report
(ESPGY): Free Stock Analysis Report
(BELLY): Free Stock Analysis Report
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