Ascena Retail Group Inc. (NASDAQ:ASNA) does about 2.50M shares in volume on a normal day but saw 0 shares change hands in Thursday trading. The company now has a market cap of 6.75M USD and an enterprise value of about $4.69M. Its current market price is $0.61, marking a decrease of 0.00% compared to the previous close of $0.61. The 52 week high reached by this stock is $12.60 whilst the lowest price level in 52 weeks is $0.57.
Ascena Retail Group Inc. (ASNA) has a 20-day trading average at $0.8696 and the current price is -95.19% off the 52-week high compared with 6.37% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.4159 and its 200-day simple moving average is $4.0994. If we look at the stock’s price movements over the week, volatility stands at 27.11%, which decreases to 23.47% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 38.76 to suggest the stock is neutral.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 11, 2019 when Telsey Advisory Group reiterated the stock to “Market Perform” and issued a price target of between $2 and $1. Citigroup upgraded the stock to “Neutral” from Sell on April 03, 2019 at a price target of. Telsey Advisory Group reiterated its price target at $5-$4.
The current price level is -30.28%, -57.18%, and -85.21% away from its SMA20, SMA50, and SMA200 respectively, with the ASNA price moving above the 50-day SMA on August 13. Ascena Retail Group Inc. (ASNA) stock is down -29.50% over the week and -51.50% over the past month. Its price is -92.09% year-to-date and -90.73% over the past year.
The stock last released its quarterly earnings report for quarter ended 4/29/2019, with the company’s earnings per share (EPS) of -$5.2 above consensus estimates by $2.26. Expected sales for next quarter are $1.3 billion, which analysts say will come at $5.49 billion for the current fiscal year and next year at $4.6 billion. In addition, estimates put the company’s current quarterly revenue at an average of $1.45 billion.
The company has a return on investment of -44.60% and return on equity of -290.80%. The beta has a value of 1.56. Price to book ratio is 0.08 and price to sales ratio is 0.00.
According to a U.S. Securities and Exchange Commission filing, Schwab Fundamental US Small Compa has reduced its position in Ascena Retail Group Inc. (ASNA) to 623,314 shares, mirroring a recent drop by -0.06%. Schwab Fundamental US Small Compa dumped 360.0 shares of Ascena Retail Group Inc. common stock bringing its total worth to about $0.45 million at the end of recent close, SEC documents show. Schwab Fundamental US Small Compa isn’t the only investment manager who changed stakes and is followed by Schwab Fundamental US Small Compa, which sold off 0.0 shares to end up with 266,212 shares worth $0.19 million. Vanguard Total Stock Market Index cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 1.80% position in Ascena Retail Group Inc. thanks to 0.18 million shares amounting to $0.13 million.