Express, Inc. (NYSE:EXPR)’s stock price was up 1.3% during mid-day trading on Wednesday . The stock traded as high as $3.07 and last traded at $3.11, approximately 53,105 shares were traded during trading. A decline of 96% from the average daily volume of 1,299,760 shares. The stock had previously closed at $3.07.
A number of research firms recently commented on EXPR. Zacks Investment Research downgraded Express from a “buy” rating to a “hold” rating in a report on Monday, August 12th. ValuEngine upgraded shares of Express from a “hold” rating to a “buy” rating in a research note on Wednesday, September 4th. MKM Partners set a $3.00 target price on shares of Express and gave the stock a “hold” rating in a research report on Thursday, August 29th. Wedbush decreased their target price on shares of Express from $4.00 to $2.00 and set a “neutral” rating for the company in a research report on Tuesday, August 27th. Finally, B. Riley set a $4.00 price target on shares of Express and gave the stock a “hold” rating in a research note on Tuesday, August 20th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Express presently has a consensus rating of “Hold” and an average price target of $3.40.
The business has a 50-day simple moving average of $2.16 and a two-hundred day simple moving average of $3.24. The company has a market cap of $191.02 million, a price-to-earnings ratio of 9.56 and a beta of 0.91. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 1.78.
Several institutional investors have recently modified their holdings of the company. Lombard Odier Asset Management USA Corp bought a new stake in Express during the 1st quarter valued at approximately $1,662,000. Alambic Investment Management L.P. grew its stake in shares of Express by 192.0% in the first quarter. Alambic Investment Management L.P. now owns 45,500 shares of the company’s stock worth $195,000 after acquiring an additional 29,920 shares during the last quarter. Marshall Wace LLP acquired a new position in Express during the 1st quarter valued at $2,664,000. Quinn Opportunity Partners LLC raised its stake in Express by 142.2% during the 2nd quarter. Quinn Opportunity Partners LLC now owns 3,050,890 shares of the company’s stock valued at $8,329,000 after purchasing an additional 1,791,095 shares during the last quarter. Finally, Creative Planning raised its stake in Express by 36.6% during the 1st quarter. Creative Planning now owns 14,000 shares of the company’s stock valued at $60,000 after purchasing an additional 3,750 shares during the last quarter.
Express Company Profile (NYSE:EXPR)
Express, Inc operates as an apparel and accessories retailer. It offers apparel and accessories for women and men for work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; and mobile app, as well as franchisees Express locations in Latin America.
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