Express, Inc. (NYSE:EXPR – Get Free Report) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 467,600 shares, a growth of 7.1% from the October 15th total of 436,400 shares. Based on an average daily volume of 60,900 shares, the short-interest ratio is currently 7.7 days. Currently, 13.8% of the shares of the stock are short sold.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on shares of Express in a research report on Thursday, October 5th. They issued a “sell” rating on the stock.
Institutional Trading of Express
Express Trading Up 7.9 %
NYSE EXPR traded up $0.75 on Friday, hitting $10.24. 75,862 shares of the stock were exchanged, compared to its average volume of 71,577. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.24 and a current ratio of 0.93. The stock has a fifty day moving average price of $8.83 and a two-hundred day moving average price of $11.84. The firm has a market capitalization of $38.40 million, a P/E ratio of 0.19 and a beta of 1.74. Express has a 52-week low of $7.36 and a 52-week high of $42.80.
Express (NYSE:EXPR – Get Free Report) last issued its earnings results on Wednesday, September 6th. The company reported ($9.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($11.07) by $2.02. The firm had revenue of $435.34 million during the quarter, compared to analyst estimates of $440.65 million. Express had a net margin of 10.26% and a negative return on equity of 106.10%. During the same period in the previous year, the firm earned $0.10 earnings per share. Research analysts forecast that Express will post -33.58 EPS for the current fiscal year.
Express, Inc operates as a fashion retail company that offers apparel and accessories in the United States and Puerto Rico. The company sells its products under the UpWest and Express brands for men and women through its retail and factory outlet stores; express.com, an online store; and Express mobile app, as well as franchisees Express locations in Latin America.
- Five stocks we like better than Express
- Financial Services Stocks Investing
- S&P 500’s Whirlwind: Big gains, warning whispers & tactical moves
- What is the Euro STOXX 50 Index?
- MarketBeat Week in Review – 11/13 – 11/17
- Dividend Capture Strategy: What You Need to Know
- 3 large caps with red hot RSIs with upside
Receive News & Ratings for Express Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Express and related companies with MarketBeat.com's FREE daily email newsletter.