Today’s Research Reports on Trending Tickers: Stitch Fix and Foot Locker
NEW YORK, NY / ACCESSWIRE / March 26, 2018 / Rising concerns over a potential trade war with China continued to drag markets down on Friday, with the Dow Jones plummeting more than 400 points. The Dow Jones Industrial Average dropped 1.77 percent to close at 23,533.20, while the S&P 500 Index fell 2.10 percent to close at 2,588.26. The Nasdaq Composite Index declined 2.43 percent to close at 6,992.67.
"There was plenty of good news this morning: durable goods and the signing of the spending bill, but investors could not shake off uncertainty created by the Trump administration when it comes to trade with China," said Erin Browne, head of asset allocation at UBS Asset Management.
RDI Initiates Coverage on:
Stitch Fix, Inc.
https://rdinvesting.com/news/?ticker=SFIX
Foot Locker, Inc.
https://rdinvesting.com/news/?ticker=FL
Stitch Fix, Inc.'s stock jumped 6.83% Friday, to close the day at $22.22. The stock recorded a trading volume of 1,748,999 shares, which was above its three months average volume of 618,718 shares. In the last year, Stitch Fix, Inc.'s shares have traded in a range of 14.48 - 30.07. The share price has gained 53.45% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $21.06 is below its 200-day moving average of $22.00. Shares of Stitch Fix, Inc. have gained roughly 14.01 percent in the past month and are down 13.98 percent year-to-date.
Access RDI's Stitch Fix, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=SFIX
On Friday, shares of Foot Locker, Inc. recorded a trading volume of 5,114,401 shares, which was above the three months average volume of 3,809,075 shares. The stock ended the day 4.44% higher at 43.74. The share price has gained 53.91% from its 52-week low with a 52-week trading range of 28.42 - 77.86. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $45.23 is greater than its 200-day moving average of $40.93. Shares of Foot Locker, Inc. are trading at a Price to Earnings ratio of 19.70. Shares of Foot Locker, Inc. have fallen roughly 9.35 percent in the past month and are down 6.70 percent year-to-date.
Access RDI's Foot Locker, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=FL
Our Actionable Research on Stitch Fix, Inc. (NASDAQ:SFIX) and Foot Locker, Inc. (NYSE:FL) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
