Featured Stock Update: Fred’s, Inc. (NASDAQ:FRED)

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Fred’s, Inc. (NASDAQ:FRED) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Sell” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.

Fred’s, Inc. (NASDAQ:FRED) lost -18.66 Percent and closed its previous trading session at $4.14. The stock traded with the average Volume of 1.04 Million at the end of last session.

Fred’s, Inc. (NASDAQ:FRED) has the Market Capitalization of 158.6 Million. The Stock has its 52-week High of $21.77 and 52-Week Low of $ 3.80 and it touched its 52-week high on 12/20/16 and 52-Week Low on 12/06/17.

The company reported its last earnings Actual EPS of $-0.42/share. While, the analyst predicted that the company could provide an EPS of $-0.13/share. Hence the difference between Predicted EPS and Actual EPS reported is $-0.29/share which shows an Earnings Surprise of -223.1 Percent.

Several analysts are forecasting growth estimate of Fred’s, Inc. for the current quarter to be 81.8%. Their projections for the Next Quarter growth is 83.3 percent. While for the Next 5 years, the company could expect a growth of -42.32% per annum, whereas in the past Five years Fred’s, Inc. (NASDAQ:FRED) showed a growth of -33.65 Percent per annum.

Sell side analysts plays vital role in buying and selling a stock where 0 analysts rated Fred’s, Inc. (NASDAQ:FRED) as Buy, 0 analysts given Outperform signal, 2 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -14.88% where SMA50 and SMA200 are -21.65% and -56.85% respectively.

The company shows its Return on Assets (ROA) value of -18%. The Return on Equity (ROE) value stands at -40.1%. While it’s Return on Investment (ROI) value is -13.8%.

Fred’s, Inc. (NASDAQ:FRED) currently has a Weekly Volatility of 7.73% percent while its Monthly Volatility is at 6.55% percent. While talking about Performance of the Stock, Fred’s, Inc. currently has a Weekly performance of -19.92%, monthly performance percentage is -3.04 percent, Quarterly performance is -38.21 percent, 6 months performance shows a percent value of -63.49% and Yearly Performance is -61.16 percent.

Company Profile:

Fred’s Inc. is headquartered in Memphis, Tennessee, and operates 601 general merchandise and pharmacy stores, including 14 franchised locations, and three specialty pharmacy-only locations. With a unique store format and strategy that combines the best elements of a value-focused retailer with a healthcare-focused drug store, Fred’s stores offer more than 12,000 frequently purchased items that address the everyday needs of its customers and patients. This includes nationally recognized brands, proprietary Fred’s label products, and a full range of value-priced selections. The Company has two distribution centers, one in Memphis, Tennessee, and Dublin, Georgia.

 

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