Express, Inc. (NYSE:EXPR)’s share price traded up 5.1% on Tuesday . The stock traded as high as $2.16 and last traded at $2.07, 1,289,828 shares traded hands during trading. A decline of 31% from the average session volume of 1,870,314 shares. The stock had previously closed at $1.97.
Several research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Express from a “buy” rating to a “hold” rating in a research note on Monday. B. Riley reduced their price objective on shares of Express from $5.00 to $4.00 and set a “neutral” rating on the stock in a research note on Friday, May 31st. Finally, ValuEngine raised shares of Express from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. Six analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and an average price target of $4.60.
The stock has a 50 day moving average of $2.44. The stock has a market capitalization of $134.53 million, a price-to-earnings ratio of 6.47 and a beta of 0.93. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.39 and a current ratio of 0.97.
Institutional investors and hedge funds have recently made changes to their positions in the business. Magnus Financial Group LLC lifted its stake in Express by 30.5% in the second quarter. Magnus Financial Group LLC now owns 21,124 shares of the company’s stock valued at $58,000 after buying an additional 4,932 shares in the last quarter. Creative Planning lifted its stake in Express by 36.6% in the first quarter. Creative Planning now owns 14,000 shares of the company’s stock valued at $60,000 after buying an additional 3,750 shares in the last quarter. GSA Capital Partners LLP bought a new position in Express in the second quarter valued at approximately $62,000. SG Americas Securities LLC bought a new position in Express in the first quarter valued at approximately $76,000. Finally, Everence Capital Management Inc. bought a new position in Express in the first quarter valued at approximately $94,000.
Express Company Profile (NYSE:EXPR)
Express, Inc operates as an apparel and accessories retailer. It offers apparel and accessories for women and men for work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; and mobile app, as well as franchisees Express locations in Latin America.
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