To forecast future stock performance, Wall Street experts analyze price movements and volume trends. Recent price fluctuations for shares of Ascena Retail Group Inc (NASDAQ:ASNA) have got the investing community taking a second look.
Scoping out Technical Indicators for Ascena Retail Group Inc (ASNA)
Hourly moving averages for ASNA indicate a Sell, while hourly technical indicators suggest a Strong Sell.
To predict the future path of a particular stock’s price, Wall Street analysts normally take a look at certain technical indicators – values that apply formulas to price activity over a certain period of time. One of these technical indicators is the Relative Strength Index (RSI), which currently stands at 38.295 for Ascena Retail Group Inc over the last 14 days – indicating a Sell. Meanwhile, the price rate of change (ROC) is currently -14.980, indicating a Sell.
The 14-day Commodity Channel Index (CCI) for company is -64.9275, indicating a Sell. The 14-day Average Directional Index (ADX), which measures the strength of a trend, is at 44.215 – indicating a Sell.
The Stochastic (9,6) value for ASNA is 10.046, signaling that the stock is currently Oversold. The Stochastic RSI (14) is currently at 19.606, indicating that stock is Oversold.
Similarly, the Williams %R Value, for this stock stands at -80.822 – suggesting that the shares are Oversold. The Ultimate Oscillator value for this stock is currently 24.320, indicating that it has become Oversold.
At the same time, the volatility-measuring Average True Range (ATR) for this stock is 0.1250, suggesting High Volatility.
Ascena Retail Group Inc (ASNA) Valuation Ratios and Profitability
Wall Street professionals consider several valuation ratios when they are evaluating a stock, then compare that data to the sector as a whole. The Price to Sales ratio, for example, is 0.08 for Ascena Retail Group Inc (NASDAQ:ASNA), while the industry Price to Sales ratio is currently 1.65. The Price to Book ratio for this stock is 0.62, compared to the industry Price to Book ratio of 7.67. Meanwhile, the Price to Tangible Book ratio for this stock stands at 8.92 for the industry.
Profitability metrics can also be compared, like the Trailing Twelve Month (TTM) Gross Margin for ASNA, which is 58.08% compared to the industry’s 37.31%. Similarly, this company’s TTM Operating Margin is currently -20.2%, while industry’s as a whole is 12.31%.
Understanding Per Share Data and Efficiency
This publicly-traded company’s Revenue/Share ratio is 33.63, compared to 39.85 for the industry overall. Similarly, this stock’s Cash/Share ratio currently stands at 1.55, while the industry’s as a whole is 4.38.
The industry-wide Asset Turnover is 2.11, while that of Ascena Retail Group Inc (NASDAQ:ASNA) is currently 1.4. The industry-wide Receivable Turnover is 136.84.