New York & Co. (NWY) Shares Up 13.1%
New York & Co. (NYSE:NWY) shot up 13.1% during trading on Thursday . The stock traded as high as $2.30 and last traded at $2.24, with a volume of 223,513 shares traded. The stock had previously closed at $1.98.
Several research firms have commented on NWY. Zacks Investment Research upgraded New York & Co. from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 27th. TheStreet lowered New York & Co. from a “hold” rating to a “sell” rating in a research report on Tuesday, June 7th. Finally, Wunderlich lowered New York & Co. from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $3.50 to $2.25 in a research report on Friday, May 20th.
The firm’s market capitalization is $129.09 million. The firm has a 50-day moving average of $1.73 and a 200 day moving average of $2.43.
New York & Co. (NYSE:NWY) last announced its earnings results on Thursday, August 18th. The company reported $0.01 earnings per share for the quarter. On average, analysts anticipate that New York & Co. will post $0.03 earnings per share for the current year.
New York & Company, Inc is a specialty retailer of women’s fashion apparel and accessories. The Company’s branded New York & Company merchandise is sold through its national network of retail stores and online at www.nyandcompany.com. It operates approximately 490 stores, including over 80 outlet stores in over 40 states.
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