West Marine, Inc. (NASDAQ:WMAR) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 4, 2016
Having a price of $8.15, West Marine, Inc. (NASDAQ:WMAR) traded -1.45% lower on the day. With the last close down -10.64% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. West Marine, Inc. has recorded a 50-day average of $9.16 and a two hundred day average of $9.12. Volume of trade was up over the average, with 98,297 shares of WMAR changing hands over the typical 36,059
Zacks Investment Research has upgraded West Marine, Inc. (NASDAQ:WMAR) to Hold in a statement released on Tuesday October 04, 2016.
Recent Performance Chart
West Marine, Inc. has 52 week low of $7.70 and a 52 week high of $10.39 with a PE ratio of 32.21 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 2 brokers have issued a research note on the company. The average stock price target is $11.00 with 1 broker rating the stock a strong buy, 1 broker 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.
Brief Synopsis On West Marine, Inc. (NASDAQ:WMAR)
West Marine, Inc. is a waterlife outfitter for cruisers, sailors, anglers and paddlesports enthusiasts. The Company offers a selection of core boating and water recreation products, primarily serving the needs of boat owners and professionals providing services to them. It services its customers through physical stores and two e-commerce Websites. It is a specialty retailer of boating supplies, gear, apparel, footwear and other waterlife-related products. It operates approximately 260 stores located in approximately 40 states, Puerto Rico and Canada. Its products include boating products and merchandise expansion products. Its boating products include maintenance, electronics, sailboat hardware, anchors/docking/moorings, engine systems, boats/outboards, ventilation, navigation, trailering, seating/boat covers and barbecues/appliances. Its merchandise expansion products include clothing accessories, fishing, watersports, paddlesports, coolers and waterlife lifestyle accessories.
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