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Zacks Investment Research downgraded hhgregg, Inc. (NYSE:HGG) to Hold in a report released today.

Zacks Investment Research has downgraded hhgregg, Inc. (NYSE:HGG) to Hold in a report released on 10/05/2016.

Previously on 11/6/2015, Jefferies & Co released a statement about hhgregg, Inc. (NYSE:HGG) held steady the target price at $4.00. At the time, this indicated a possible downside of -0.12%.

Just yesterday hhgregg, Inc. (NYSE:HGG) traded 0.00% even at $1.85. hhgregg, Inc.’s 50-day moving average is $1.97 and its 200-day moving average is $1.88. The last stock price is down -2.17% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 46,320 shares of HGG traded hands, down from an average trading volume of 90,531

Recent Performance Chart

hhgregg, Inc. (NYSE:HGG)

hhgregg, Inc. has 52 week low of $1.46 and a 52 week high of $5.85 and has a market capitalization of $0.

Brief Synopsis On hhgregg, Inc. (NYSE:HGG)

hhgregg, Inc. (hhgregg) is an appliance, electronics and furniture retailer. The Company operates as a multi-regional retailer with approximately 230 brick-and-mortar stores in 20 states that also offer global and local brands across the nation through hhgregg.com. It also sells a suite of services, including third-party premium service plans (PSPs), third-party in-home service and repair of its products, delivery and installation, and in-home repair and maintenance. The Company sells a range of appliances, audio products, computers, consumer electronics, mattresses and tablets. The Company sells appliances, including washers and dryers, refrigerators, cooking ranges, dishwashers, freezers and air conditioners; consumer electronics, including televisions, Blu-Ray and digital versatile disc (DVD) players, audio and small electronics; computers and tablets, including computers, computer accessories and tablets, and home products, including bedding and home furniture.

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