NEW YORK, NY / ACCESSWIRE / November 5, 2018 / U.S. equities rolled back on Friday, ending a 3-day consecutive gain after confusing headlines about the trade talks with China. President Trump announced progress in trade talks with the Chinese President, however, Larry Kudlow, his top economic adviser, said that the U.S. and China were a long way from closing a trade deal. The Dow Jones Industrial Average fell 0.43 percent to close at 25,270.83, while the S&P 500 Index decreased 0.63 percent to close at 2,723.06. The Nasdaq Composite Index dropped 1.04 percent to close at 7,356.99.
RDI Initiates Coverage on:
Ulta Beauty, Inc.
Ulta Beauty's stock jumped 3.3% Friday, to close the day at $281.95. The stock recorded a trading volume of 855,030 shares, which was below its three months average volume of 973,420 shares. In the last year, Ulta Beauty's shares have traded in a range of 191.70 - 290.30. The share price has gained 47.08% 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 $276.90 is above its 200-day moving average of $255.89. Shares of the company are trading at a Price to Earnings ratio of 27.51. Shares of Ulta Beauty have gained roughly 2.53 percent in the past month and are up 26.06 percent year-to-date.
Access RDI's Ulta Beauty, Inc. Research Report at:
On Friday, shares of Williams-Sonoma recorded a trading volume of 2,497,462 shares, which was above the three months average volume of 1,945,457 shares. The stock ended the day 3.1% higher at $63.14. The share price has fallen 14.66% from its 52 week high with a 52 week trading range of 44.01 - 73.99. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $62.17 is above its 200-day moving average of $59.56. Shares of the company are trading at a Price to Earnings ratio of 20.11. Shares of Williams-Sonoma have gained roughly 1.64 percent in the past month and are up 22.13 percent year-to-date.
Access RDI's Williams-Sonoma, Inc. Research Report at:
Research Driven Investing
We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.
RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.
Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.
For any questions, inquiries, or comments reach out to us directly at:
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.