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TheStreet downgraded Shoe Carnival, Inc. (NASDAQ:SCVL) to C+ in a report released today.

TheStreet has downgraded Shoe Carnival, Inc. (NASDAQ:SCVL) to C+ in a report released on 05/23/2017.

Yesterday Shoe Carnival, Inc. (NASDAQ:SCVL) traded 2.35% higher at $18.63. The company’s 50-day moving average is $20.60 and its 200-day moving average is $20.40. The last closing price is down 6.83% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time period. 136,778 shares of the stock traded hands, down from an average trading volume of 243,172

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Shoe Carnival, Inc. (NASDAQ:SCVL)

Shoe Carnival, Inc. has a 52 week low of $15.07 and a 52 week high of $31.79 with a P/E ratio of 18.02 The company’s market cap is currently $0.

In addition to TheStreet reporting its stock price target, a total of 3 brokers have issued a research note on the company. The average stock price target is $28.00 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 Shoe Carnival, Inc. (NASDAQ:SCVL)

Shoe Carnival, Inc. is a family footwear retailer. The Company's primary activity is the sale of footwear and related products through its retail stores in approximately 30 states within the continental United States and in Puerto Rico. It also offers online shopping on its e-commerce site at www.shoecarnival.com. Its products assortment includes dress and casual shoes, sandals, boots and an assortment of athletic for the entire family in four general categories-women's, men's, children's and athletics. In addition to footwear, its stores carry selected accessory items, such as socks, belts, shoe care items, handbags, sport bags, backpacks, jewelry, scarves and wallets. It classifies athletic shoes by functionality, such as running, basketball or fitness shoes. As of January 28, 2017, it operated 415 stores in 35 states and Puerto Rico and offered online shopping at www.shoecarnival.com.

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