Yahoo Finance The Gap (GPS) in Focus: Stock Moves 6% Higher
The Gap, Inc. (GPS) was a big mover last session, as the company saw its shares rise nearly 6% on the day. This jump can be attributable to solid volume too with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $39.43 to $40.90 in the past one-month time frame.
The company has seen 8 negative revisions over the past 30 days, while its Zacks Consensus Estimate moved lower over the same time period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent high can last.
The Gap, Inc. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Other better ranked stocks in the retail sector include The Men’s Wearhouse Inc. (MW) and Citi Trends, Inc. (CTRN) both carrying a Zacks Rank #1 (Strong Buy), and Foot Locker, Inc. (FL) sporting a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
GAP INC (GPS): Free Stock Analysis Report
MENS WEARHOUSE INC (MW): Free Stock Analysis Report
CITI TRENDS INC (CTRN): Free Stock Analysis Report
FOOT LOCKER INC (FL): Free Stock Analysis Report
Zacks Investment Research
