A Few Bright Spots In Conns Inc (NASDAQ: CONN)

Conns Inc (NASDAQ:CONN) currently has a daily average trading volume of 311.46K but it saw 4392131 shares traded in last market. With a market cap of 8.71M USD, the company’s current market price of $0.35 came falling about -30.97 while comparing to the previous closing price of $0.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.26 and as low as $0.47.

Taking a look at 20-day trading activity of Conns Inc (CONN) gives us an average price of $0.7305, while its current price level is -93.35% below from 52-week high level whereas it is -25.05% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.1314 while that of 200 days or SMA-200 reads an average of $3.3369. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.40% during that period while stretching the period over a month that increases to 20.96%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 16.56 which implies that the stock is in oversold territory.

Stephens downgraded its recommendation for the stock as a “Equal-Weight” from “Overweight” on March 23, 2020 while assigning a price target range of $20-$6.

Over the week, CONN’s stock price is moving -48.44% down while it is -82.76% when we observe its performance for the past one month. Year-to-date it is -92.12% down and over the past year, the stock is showing a downside performance of -92.41%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -1.52 beaten by the consensus estimate of -1.33 for the same. In next quarter, company is expected to be making quarterly sales of $467.61M as analysts are expecting the sales for current fiscal year at $1.91B and seeing the company making $2B in sales next year. Moreover, analysts are in estimates of $432.48M for current-quarter revenue.

Currently, Conns Inc’s total number of outstanding shares is 24.59M. Company’s return on investment (ROI) stands at -3.97% and return on equity (ROE) at -15.38%. It has a 1.84 of forward P/E ratio. Stock’s beta reads 2.20. Stock has a price to book (P/B) ratio of 0.02 while price to sale or P/S ratio amounts to 0.01. Its return on asset (ROA) is -3.47% on average.