Destination Maternity Corp. (DEST) Shares Gap Up to $5.53
Shares of Destination Maternity Corp. (NASDAQ:DEST) gapped up before the market opened on Friday . The stock had previously closed at $5.47, but opened at $5.53. Destination Maternity Corp. shares last traded at $5.62, with a volume of 12,696 shares trading hands.
Separately, TheStreet downgraded 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 $78.53 million. The firm’s 50 day moving average is $6.06 and its 200-day moving average is $6.81.
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 firm had revenue of $124.40 million for the quarter, compared to analysts’ expectations of $141.60 million. Analysts forecast 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.
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.