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New York & Company (NWY) Worth a Look: Stock Jumps 6.5%

Zacks Equity Research
Updated

New York & Company, Inc. NWY was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now down 9% since Dec 16, 2016.

The stock has seen two negative estimate revisions in the last 30 days, while the Zacks Consensus Estimate also moved lower suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

New York & Company carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

NEW YORK & CO Price

 

NEW YORK & CO Price | NEW YORK & CO Quote

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A better-ranked stock in the same industry is Christopher & Banks Corporation CBK, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is NWY going up? Or down? Predict to see what others think: Up or Down

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NEW YORK & CO (NWY): Free Stock Analysis Report
 
CHRISTOPHER&BNK (CBK): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research