Destination Maternity Corp. (DEST) Trading Down 6.9%
Shares of Destination Maternity Corp. (NASDAQ:DEST) were down 6.9% during trading on Thursday . The company traded as low as $5.56 and last traded at $5.63, with a volume of 60,958 shares traded. The stock had previously closed at $6.05.
Separately, TheStreet downgraded shares of Destination Maternity Corp. from a “hold” rating to a “sell” rating in a report on Friday, June 10th.
The firm’s market cap is $76.71 million. The company has a 50 day moving average price of $5.88 and a 200-day moving average price of $6.70.
Destination Maternity Corp. (NASDAQ:DEST) last announced its earnings results on Thursday, August 25th. The company reported ($0.14) earnings per share (EPS) for the quarter. The company had revenue of $106.50 million for the quarter, compared to analyst estimates of $119.30 million. Analysts predict that Destination Maternity Corp. will post $1.17 earnings per share for the current fiscal 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.