Finance

Worth Comparing the stock: Ascena Retail Group, Inc. (NASDAQ:ASNA)

Ascena Retail Group, Inc. (NASDAQ:ASNA), closed the last trading session at $4.49 with decrease of $-0.0499999999999998 or -1.1 percent against the opening price of $4.54. The trading day volume of the company stands at 128569 shares while the average trading volume of Ascena Retail Group, Inc. (NASDAQ:ASNA) is 231.01 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 10.16 Million.

The price target of Ascena Retail Group, Inc. (NASDAQ:ASNA) is currently set at 1 by the analysts. The stock is $-90.65 Below its 1-Year High which is $48.00. ASNA hit its 1-Year low price of $4.00. The company is currently rated by analyst who are keeping a close eye on the stock as 3. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Ascena Retail Group, Inc. (NASDAQ:ASNA)

The value of the stock increased by 2.98% during the previous week performance. Looking at the 1 month performance of Ascena Retail Group, Inc. (NASDAQ:ASNA), the stock dipped -31.87%. While the 1 year performance shows a negative percentage of -90.45 and year to date performance stands at -41.42%.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Analytical Review

The stock needs to grow about $-3.49 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -14.08%, -36.17% and -56.27 percent respectively. The stock trades about 24.17 percent of its Float giving its total shares Outstanding are 10.16 Million. ASNA gained about -14.02 percent in 6 months showing its Average True Range of 0.43. The company currently has a RSI and Beta of 28.63 and 1.06.

While talking about Ascena Retail Group, Inc. (NASDAQ:ASNA) valuation ratios, the stock trades with a P/S and P/B of 0.01 and 0.26 which is significantly better and attractive as compared to its peers.