Destination Maternity Corp. (DEST) Trading Up 4.5%
Destination Maternity Corp. (NASDAQ:DEST)’s share price was up 4.5% on Thursday . The company traded as high as $5.80 and last traded at $5.80, with a volume of 60,605 shares. The stock had previously closed at $5.55.
Separately, TheStreet downgraded shares of Destination Maternity Corp. from a “hold” rating to a “sell” rating in a research note on Friday, June 10th.
The firm has a 50-day moving average price of $5.96 and a 200 day moving average price of $6.78. The company’s market capitalization is $80.34 million.
Destination Maternity Corp. (NASDAQ:DEST) last released its quarterly earnings results on Thursday, May 26th. The company reported $0.03 EPS for the quarter. The business earned $124.40 million during the quarter, compared to analyst estimates of $141.60 million. On average, analysts anticipate that Destination Maternity Corp. will post $1.17 EPS for the current 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.