Sears Hometown and Outlet Stores (NASDAQ:SHOS) Shares Pass Above 200 Day Moving Average of $2.91

Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.91 and traded as high as $3.66. Sears Hometown and Outlet Stores shares last traded at $3.40, with a volume of 228,371 shares.

The stock’s 50 day moving average price is $3.51 and its 200 day moving average price is $2.91. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.82 and a current ratio of 1.28.

Sears Hometown and Outlet Stores (NASDAQ:SHOS) last posted its quarterly earnings data on Thursday, September 19th. The company reported ($0.80) EPS for the quarter. Sears Hometown and Outlet Stores had a negative return on equity of 55.20% and a negative net margin of 5.27%. The business had revenue of $168.59 million for the quarter.

In other Sears Hometown and Outlet Stores news, major shareholder Ods Capital Llc acquired 9,440 shares of Sears Hometown and Outlet Stores stock in a transaction dated Friday, October 4th. The stock was bought at an average cost of $3.44 per share, for a total transaction of $32,473.60. Following the purchase, the insider now directly owns 4,407,289 shares in the company, valued at approximately $15,161,074.16. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Over the last 90 days, insiders have bought 130,230 shares of company stock valued at $454,116. Company insiders own 0.53% of the company’s stock.

Several institutional investors have recently bought and sold shares of SHOS. Ancora Advisors LLC acquired a new position in shares of Sears Hometown and Outlet Stores during the 2nd quarter worth about $25,000. Parallax Volatility Advisers L.P. acquired a new position in shares of Sears Hometown and Outlet Stores during the 2nd quarter worth about $48,000. Panagora Asset Management Inc. acquired a new position in shares of Sears Hometown and Outlet Stores during the 2nd quarter worth about $136,000. BlackRock Inc. boosted its stake in shares of Sears Hometown and Outlet Stores by 5.5% during the 2nd quarter. BlackRock Inc. now owns 79,955 shares of the company’s stock worth $190,000 after buying an additional 4,182 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Sears Hometown and Outlet Stores by 23.6% during the 2nd quarter. Vanguard Group Inc. now owns 286,320 shares of the company’s stock worth $681,000 after buying an additional 54,600 shares during the last quarter. Institutional investors own 52.11% of the company’s stock.

About Sears Hometown and Outlet Stores (NASDAQ:SHOS)

Sears Hometown and Outlet Stores, Inc engages in the retail sale of home appliances, lawn and garden equipment, tools, and hardware in the United States. The company operates in two segments, Sears Hometown and Hardware, and Sears Outlet. The Sears Hometown and Hardware segment operates Sears Hometown Stores that offer products and services across a selection of merchandise categories, including home appliances, lawn and garden equipment, tools, sporting goods, and household goods; and Sears Hardware Stores, which provide products and services across a range of merchandise categories, such as home appliances, lawn and garden equipment, tools, other home improvement products, fasteners, electrical supplies, and plumbing supplies.

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