New York & Company, Inc. (NYSE:NWY) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 16, 2016
Boasting a price of $2.26, New York & Company, Inc. (NYSE:NWY) traded -0.94% lower on the day. With the last stock price close down -11.08% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. New York & Company, Inc. has recorded a 50-day average of $2.26 and a two hundred day average of $2.36. Volume of trade was down over the average, with 17,647 shares of NWY changing hands under the typical 117,386
Zacks Investment Research has downgraded New York & Company, Inc. (NYSE:NWY) to Sell in a statement released on Tuesday October 11, 2016.
On 5/20/2016, Wunderlich released a statement for New York & Company, Inc. (NYSE:NWY) bumped down the target price from $3.50 to $2.25 that suggested a downside of -0.24%.
With a total market value of $0, New York & Company, Inc. has with a 52 week low of $1.34 and a 52 week high of $4.15 .
In addition to Zacks Investment Research reporting its target price, a total of 2 brokers have issued a report on the stock. The consensus target price is $3.25 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About New York & Company, Inc. (NYSE:NWY)
New York & Company, Inc. is a specialty retailer of women's fashion apparel and accessories. The Company's branded New York & Company merchandise is sold through its national network of retail stores and online at www.nyandcompany.com. It operates approximately 490 stores, including over 80 outlet stores in over 40 states. It offers brands, including NY&C, City Style, NY Style, Soho Jeans, Lerner and Lerner New York. It offers a merchandise assortment consisting of wear-to-work, casual apparel and accessories, including pants, dresses, jackets, knit tops, blouses, sweaters, denim, t-shirts, activewear, handbags, jewelry and shoes. Its stores are located in shopping malls, lifestyle centers, outlet centers, and off-mall locations, including urban street locations. The outlet stores offer a merchandise mix consisting of apparel and accessories.
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