American Apparel, Inc. (APP) was a big mover last session, as the company saw its shares rise nearly 7% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $0.61 to $0.66 in the past one-month time frame.
In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged. However, yesterday’s price action is encouraging, so make sure to keep a close watch on this firm in the near future.
American Apparel currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the retail apparel shoe industry include Citi Trends, Inc. (CTRN) and Christopher & Banks Corporation (CBK) with a Zacks Rank #1 (Strong Buy), while The Men's Wearhouse, Inc. (MW) carries a Zacks Rank #2 (Buy).
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