Express, Inc. (NYSE:EXPR)’s share price was down 3.1% during trading on Thursday . The company traded as low as $1.86 and last traded at $1.85, approximately 19,660 shares were traded during trading. A decline of 98% from the average daily volume of 1,232,118 shares. The stock had previously closed at $1.91.
A number of equities analysts have recently commented on EXPR shares. ValuEngine raised Express from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st. Zacks Investment Research downgraded Express from a “buy” rating to a “hold” rating in a research report on Monday. Finally, B. Riley lowered their price objective on Express from $5.00 to $4.00 and set a “neutral” rating for the company in a research report on Friday, May 31st. Six equities research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and a consensus price target of $4.60.
The firm has a market capitalization of $132.17 million, a price-to-earnings ratio of 5.81 and a beta of 0.93. The company has a quick ratio of 0.39, a current ratio of 0.97 and a debt-to-equity ratio of 1.84. The stock has a 50-day moving average price of $2.41 and a 200 day moving average price of $3.62.
A number of hedge funds have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio lifted its stake in Express by 13.4% during the fourth quarter. Public Employees Retirement System of Ohio now owns 23,387 shares of the company’s stock worth $120,000 after purchasing an additional 2,767 shares during the last quarter. Creative Planning lifted its stake in Express by 36.6% during the first quarter. Creative Planning now owns 14,000 shares of the company’s stock worth $60,000 after purchasing an additional 3,750 shares during the last quarter. Magnus Financial Group LLC lifted its stake in Express by 30.5% during the second quarter. Magnus Financial Group LLC now owns 21,124 shares of the company’s stock worth $58,000 after purchasing an additional 4,932 shares during the last quarter. Strs Ohio lifted its stake in Express by 7.5% during the second quarter. Strs Ohio now owns 117,700 shares of the company’s stock worth $321,000 after purchasing an additional 8,200 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in Express by 42.2% during the second quarter. Jane Street Group LLC now owns 38,283 shares of the company’s stock worth $105,000 after purchasing an additional 11,357 shares during the last quarter.
Express Company Profile (NYSE:EXPR)
Express, Inc operates as an apparel and accessories retailer. It offers apparel and accessories for women and men for work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; and mobile app, as well as franchisees Express locations in Latin America.
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