Destination Maternity Corp. (DEST) Trading Down 6.9%
Destination Maternity Corp. (NASDAQ:DEST)’s share price fell 6.9% on Thursday . The stock traded as low as $5.56 and last traded at $5.63, with a volume of 60,958 shares trading hands. The stock had previously closed at $6.05.
Separately, TheStreet lowered Destination Maternity Corp. from a “hold” rating to a “sell” rating in a research note on Friday, June 10th.
The stock’s market cap is $76.44 million. The stock has a 50 day moving average of $5.89 and a 200-day moving average of $6.71.
Destination Maternity Corp. (NASDAQ:DEST) last released its quarterly earnings data on Thursday, August 25th. The company reported ($0.14) earnings per share (EPS) for the quarter. The business had revenue of $106.50 million for the quarter, compared to the consensus estimate of $119.30 million. On average, equities analysts anticipate that Destination Maternity Corp. will post $1.17 earnings per share 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.
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