JC Penney cuts outlook after 1Q loss

Darnell Taylor
May 17, 2018

(JCP) stock price fell -32.95 percent over the past one year, while decreased -8.2 percent during the past 6 months. Analyst recommendation for this stock stands at 3.1. Current volume in a stock, relative to prior volume, shows if interest is higher or lower in a stock than it was before. With this ratio, investors can better estimate how well a company will be able to pay their long and short term financial obligations.

J.C. Penney Co. Inc. warned it could post a loss for the year after sales at established stores increased at a much slower pace than Wall Street had expected, as unusually cool weather in April hit demand for spring clothing. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Shareholders shrugged off data showing Japan's machinery orders fell almost 4 percent in March from the month before, as analysts said demand for equipment remains strong because of worsening shortages in factory capacity.

Technical analysts have little regard for the value of a company. Instead, the 52 Week Range is generally used more as a descriptive metric to describe what the stock has done and not what it will do. (JCP), Week Volatility is 5.84%, whereas Month Volatility is at 5.26%. For the stock, price target value has been calculated at $3.94. Market capitalization is simply the value that can get when multiply all the outstanding shares of a stock by the price of a single share. Plus, today's bear gap puts the security near levels not seen since November, when J C Penney shares tagged a record low.

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The beta factor is 0.71.Volatility shows sense of how far the stock will fall if the market takes a dive and how high stock will rise if the bull starts to climb. For this relative risk measurement, JCP has beta value of 0.71. ATR remains at 0.34 while Beta component of the stock stands at "Beta". Additionally, the price to earnings ratio is another popular way for analysts and investors to determine a company's profitability. The New York-based Spark Investment Management Llc has invested 0.43% in the stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. J. C. Penney had a positive return on equity of 5.65% and a negative net margin of 0.93%. Looking at some alternate time periods, the 12 month price index is 0.65438, the 24 month is 0.37467, and the 36 month is 0.32606. NYSE:JCP is 0.64616. A lower price to book ratio indicates that the stock might be undervalued. JCP's price to free cash flow for trailing twelve months is 16.56. More interesting news about J. C. Penney Company, Inc. About 40.74 million contracts were traded on 16-May-18 compared to daily average volume of 16.67 million shares. The share price has moved away from its 20 days moving average at the rate of 4.28% and its 50 days moving average returned -0.44%. It goes without saying that investors should not rely exclusively on any one technique. (JCP) stock is Overbought or Oversold? Is your current exposure to the stock beneficial for your total portfolio? For example, a stock that has a high standard deviation experiences higher volatility, and therefore, a higher level of risk is associated with the stock. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. The firm has "Neutral" rating given on Friday, September 30 by Guggenheim. This is entirely at the trader's discretion. For example, someone might consider any number above 80 as overbought and anything below 20 as undersold.

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