Shares of Stage Stores Has Fallen Below Previous 52-Week Low
Stage Stores (NYSE:SSI) traded today at a new 52-week low of $4.91. Approximately 805,000 shares have changed hands today, as compared to an average 30-day volume of 452,000 shares.
Stage Stores, Inc. operates retail stores throughout the United States.. The Company's stores sells products that include apparel, accessories, cosmetics, and footwear for the entire family.
Stage Stores (NYSE:SSI) has potential upside of 54.8% based on a current price of $5.03 and analysts' consensus price target of $7.79. The stock should find initial resistance at its 50-day moving average (MA) of $7.77 and further resistance at its 200-day MA of $9.66.
Stage Stores share prices have moved between a 52-week high of $20.27 and the current low of $4.91 and are currently at $5.03 per share. Over the last five market days, the 200-day moving average (MA) has gone down 2.2% while the 50-day MA has declined 0.7%.
SmarTrend recommended that its subscribers protect gains by selling shares of Stage Stores on February 9th, 2016 by issuing a Downtrend alert when the shares were trading at $7.22. Since that call, shares of Stage Stores have fallen 18.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: 52 week high/lows stage stores