Media stories about Destination Maternity Corporation (NASDAQ:DEST) have trended somewhat positive on Wednesday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Destination Maternity Corporation earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.8223283539485 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Destination Maternity Corporation (DEST) traded down 2.371% during midday trading on Wednesday, hitting $2.265. 89,360 shares of the company’s stock were exchanged. Destination Maternity Corporation has a one year low of $1.02 and a one year high of $8.42. The stock’s 50-day moving average price is $1.91 and its 200 day moving average price is $2.75. The firm’s market cap is $31.67 million.
Destination Maternity Corporation (NASDAQ:DEST) last announced its quarterly earnings data on Thursday, September 7th. The company reported ($0.13) earnings per share for the quarter. The company had revenue of $98.28 million for the quarter. Destination Maternity Corporation had a negative return on equity of 10.14% and a negative net margin of 9.38%. Equities research analysts forecast that Destination Maternity Corporation will post $1.17 EPS for the current year.
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In other news, major shareholder & Co Towle sold 565,159 shares of the stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $1.38, for a total transaction of $779,919.42. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 2.70% of the company’s stock.
About Destination Maternity Corporation
Destination Maternity Corporation, formerly Mothers Work, Inc is a designer and retailer of maternity apparel in the United States. The Company operates a chain of maternity apparel specialty stores. The Company operates through the design, manufacture, and sale of maternity apparel and related accessories segment.
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