Nordstrom, Inc (NYSE: JWN): Retirees Don’t Worry About Volatility

Nordstrom, Inc (NYSE:JWN) currently has a daily average trading volume of 2.52M but it saw 4056511 shares traded in last market. With a market cap of 3.98B USD, the company’s current market price of $24.09 came falling about -0.12 while comparing to the previous closing price of $24.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.99 and as low as $16.78. In the recent trading on the day, stock has struck highest price mark of $24.09 while lowest mark touched by it was $24.16.

Taking a look at 20-day trading activity of Nordstrom, Inc (JWN) gives us an average price of $23.77, while its current price level is -3.60% below from 52-week high level whereas it is 43.52% 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 $23.33 while that of 200 days or SMA-200 reads an average of $21.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.33% during that period while stretching the period over a month that increases to 2.02%. 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 55.90 which implies that the stock is in neutral territory.

Over the week, JWN’s stock price is moving -0.25% down while it is 3.88% when we observe its performance for the past one month. Year-to-date it is -0.25% down and over the past year, the stock is showing an upside performance of 29.17%.

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 15.36 while having a 11.78 of forward P/E ratio. Stock’s beta reads 2.52. Stock has a price to book (P/B) ratio of 4.02 while price to sale or P/S ratio amounts to 0.26. Its return on asset (ROA) is 2.87% on average.