Destination Maternity Corp. (DEST) Trading 4.5% Higher
Destination Maternity Corp. (NASDAQ:DEST) shares traded up 4.5% during mid-day trading on Thursday . The stock traded as high as $5.80 and last traded at $5.80, with a volume of 60,605 shares changing hands. The stock had previously closed at $5.55.
Separately, TheStreet cut Destination Maternity Corp. from a “hold” rating to a “sell” rating in a research report on Friday, June 10th.
The company’s market cap is $81.46 million. The stock’s 50-day moving average is $6.00 and its 200 day moving average is $6.79.
Destination Maternity Corp. (NASDAQ:DEST) last released 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 analysts forecast 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.
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