Ascena Retail Group Inc. (NASDAQ:ASNA) went up by 4.26% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Apparel Retail giant went up by $1.96 to trade ended Thursday trading at $1.88. This is up from the $1.88 price recorded on Wednesday’s trading session. Its performance from the start of the year has also been negative, with ASNA down by -74.43% year-to-date.
Ascena Retail Group Inc. (ASNA) started the day trading at $1.84 and recorded an intraday high of $2. It also recorded an intraday low of $1.76 during Thursday’s trading session. Ascena Retail Group Inc. is a very active stock that recorded a trading volume that is less than -123.49% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 445029, which is less than -123.49 of the total average daily trading volume of 994.59K.
Ascena Retail Group Inc. (NASDAQ:ASNA) 2020 Performance Impressive
The increase in ASNA’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of ASNA currently stands at $16.20, which is higher than the current trading price of the stock by 87.9%. However, ASNA’s current trading price is -115.38% lower than the 52-week low price of $0.91. In terms of trading volume, Ascena Retail Group Inc. currently experienced healthy participation during the last trading session. 445029 shares of Ascena Retail Group Inc. were traded on the stock exchange on Thursday, which is less than -123.49% of the 994.59K average trading volume of the stock.
The performance of the stock has been positive over the past year. ASNA’s performance over the past one year has seen it plunge by -87.26%, while the stock has gone down by -79.54% in the last six months. The quarterly performance of ASNA currently stands at 22.50%, and it is up by 55.56% in the last month. The only positive figure was from the weekly performance, which currently reads 14.62%. At the time of writing ASNA’s report, the company has a total market cap of $18.84M, making it one of the largest publicly-traded companies in the world.Ascena Retail Group Inc. also has over 13000 employees all over the world.
ASNA Insider Activities
For Ascena Retail Group Inc., insiders hold 64.70% of all company shares. The insider transactions over the past six months are down by 0.00%. During that period, insiders bought 0 shares in 0 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at Ascena Retail Group Inc. now hold 1.18M shares, which is over 65.79% of the total company stocks. Institutional investors currently hold a large chunk of the ASNA shares, as they control 11.83% of the company’s total stock.
ASNA Fundamental Analysis
For Ascena Retail Group Inc., the stock’s diluted earnings per share (EPS) stands at -79.83. The EPS growth will up over the next five years to 22.00% after plunging by -46.40% in the previous five years. In terms the average annual revenue of -46.40% over the past half a decade.
The Return on Investment (ROI) on Ascena Retail Group Inc.’s stock currently stands at -44.60%, and it has a net profit margin of -13.10%. The operating margin of the company is -13.90%, and its gross margin is 55.60%.
ASNA Analysts Prediction
In June 11, 2019, several analysts reiterated their positions on the Ascena Retail Group Inc. stock and predicted its performance to their investors. The analysts at Telsey Advisory Group believe ASNA is still a Market Perform and set the price target between $2 and $1. Another analyst that has a Market Perform rating for ASNA is Telsey Advisory Group, which set a price target of between $5 and $4. B. Riley FBR Inc. reiterate their Neutral position on the stock ($2.50 and $2) and B. Riley FBR Inc. reiterate their Neutral position on the stock ($3 and $2.50).
Analysts at RBC Capital Mkts believe that ASNA is Sector Perform, and they have a price target of between $5 and $2.50. ASNA received a positive rating from Telsey Advisory Group, which set a price target of $6-$3 for the stock.
At the moment, Ascena Retail Group Inc.’s Total Debt to Equity ratio stands at 16.52, and they have a long-term Debt to Equity ratio of 16.24.
ASNA Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of ASNA currently stands at 6.62%, while the SMA50 is 29.68%. The biggest one is the SMA200, which is currently reading -60.24% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 54.13.