Nordstrom, Inc (NYSE: JWN) Emerges As Guiding Light For Investors

Nordstrom, Inc (NYSE:JWN) currently has a daily average trading volume of 2.31M but it saw 2918982 shares traded in last market. With a market cap of 3.99B USD, the company’s current market price of $24.15 came rising about 0.17 while comparing to the previous closing price of $24.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.99 and as low as $16.63. In the recent trading on the day, stock has struck highest price mark of $24.115 while lowest mark touched by it was $24.23.

Taking a look at 20-day trading activity of Nordstrom, Inc (JWN) gives us an average price of $23.57, while its current price level is -3.36% below from 52-week high level whereas it is 45.22% 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 $23.22 while that of 200 days or SMA-200 reads an average of $21.79. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.54% during that period while stretching the period over a month that increases to 2.76%. 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 57.07 which implies that the stock is in neutral territory.

Over the week, JWN’s stock price is moving -0.08% down while it is 6.34% when we observe its performance for the past one month. Year-to-date it is 30.89% up and over the past year, the stock is showing an upside performance of 30.89%.

Currently, Nordstrom, Inc’s total number of outstanding shares is 164.90M. Company’s return on investment (ROI) stands at 5.21% and return on equity (ROE) at 30.65%. It has a price to earnings ratio (P/E ratio) of 15.39 while having a 11.81 of forward P/E ratio. Stock’s beta reads 2.53. Stock has a price to book (P/B) ratio of 4.03 while price to sale or P/S ratio amounts to 0.26. Its return on asset (ROA) is 2.87% on average.