Nordstrom, Inc. (NYSE:JWN) currently has a daily average trading volume of 2.39M but it saw 1355612 shares traded in last market. With a market cap of 3.61B USD, the company’s current market price of $21.96 came rising about 0.09 while comparing to the previous closing price of $21.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.03 and as low as $12.88. In the recent trading on the day, stock has struck highest price mark of $21.53 while lowest mark touched by it was $22.06.
Taking a look at 20-day trading activity of Nordstrom, Inc. (JWN) gives us an average price of $22.32, while its current price level is -8.61% below from 52-week high level whereas it is 70.50% 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 $22.12 while that of 200 days or SMA-200 reads an average of $20.56. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.18% during that period while stretching the period over a month that increases to 2.53%. 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 46.66 which implies that the stock is in neutral territory.
Barclays upgraded its recommendation for the stock as a “Equal Weight” from “Underweight” on September 05, 2024 while assigning a price target range of $18-$23. Telsey Advisory Group issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $23 and $24.
Over the week, JWN’s stock price is moving 2.28% up while it is -0.68% when we observe its performance for the past one month. Year-to-date it is 19.02% up and over the past year, the stock is showing an upside performance of 53.03%.
Currently, Nordstrom, Inc.’s total number of outstanding shares is 162.40M. Company’s return on investment (ROI) stands at 5.76% and return on equity (ROE) at 35.02%. It has a price to earnings ratio (P/E ratio) of 12.86 while having a 11.12 of forward P/E ratio. Stock’s beta reads 2.60. Stock has a price to book (P/B) ratio of 3.80 while price to sale or P/S ratio amounts to 0.24. Its return on asset (ROA) is 3.26% on average.
