Destination Maternity Corp. (DEST) Sees Strong Trading Volume
Destination Maternity Corp. (NASDAQ:DEST) shares saw an uptick in trading volume on Monday . 283,646 shares were traded during trading, an increase of 465% from the previous session’s volume of 50,247 shares.The stock last traded at $5.62 and had previously closed at $5.62.
Separately, TheStreet lowered Destination Maternity Corp. from a “hold” rating to a “sell” rating in a research report on Friday, June 10th.
The company’s market capitalization is $78.53 million. The stock has a 50-day moving average of $6.03 and a 200-day moving average of $6.81.
Destination Maternity Corp. (NASDAQ:DEST) last posted its earnings results on Thursday, May 26th. The company reported $0.03 earnings per share for the quarter. The company earned $124.40 million during the quarter, compared to the consensus estimate of $141.60 million. Equities research analysts predict that Destination Maternity Corp. will post $1.17 earnings per share for the current fiscal year.
Destination Maternity Corporation, formerly Mothers Work, Inc is a designer and retailer of maternity apparel in the United States. The Company operates a chain of maternity apparel specialty stores. The Company operates through the design, manufacture, and sale of maternity apparel and related accessories segment.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.