Could Ascena Retail Group Incorporated (NASDAQ:ASNA) Change Direction After More Shorts?

(NASDAQ:ASNA) in a report issued on Sunday, June 11th. In contrast, ASNA's 52 week high hovers at $9.11 with its current distance from 52 week high value is -74.99%.

Some buy side analysts are also providing their Analysis on Ascena Retail Group Inc., where 0 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 9 said it's a HOLD, 0 reported it as Underperform and 1 analysts rated the stock as Sell. Oppenheimer Holdings, Inc. reissued a hold rating on shares of Ascena Retail Group in a report on Monday, March 6th.

Taking a broader look at the analyst consensus, according to 6 analysts Ascena Retail Grp Cmn (NASDAQ:ASNA)'s price will reach at $3.08 during 52 weeks. Comparatively, Ascena Retail Group Inc. posted earnings of $0 per share in the same quarter a year ago. The stock of Ascena Retail Group Inc (NASDAQ:ASNA) earned "Neutral" rating by Citigroup on Tuesday, September 20.

Among 7 analysts covering Ascena Retail Group (NASDAQ:ASNA), 1 have Buy rating, 1 Sell and 5 Hold. Analysts' mean recommendation on this stock is 3.20 and has been given an average price target of $3.92.

Ascena Retail Group (NASDAQ ASNA) traded down 3.54% during midday trading on Friday, reaching $2.18. The company saw 0.26 million shares trade hands over the course of the day. The Market Capitalization of the company stands at 470.87 Million.

London Again: 1 dies, as van slams into crowd of worshipers
Ratib Al-Sulaman told CNN he was sitting with friends two minutes away, when an "incident in front of the mosque " occurred. She said her thoughts were with the injured, their loved ones and emergency officials who responded to the incident.

In terms of Ascena Retail Group, Inc. The company has a 50 day moving average of $2.65 and a 200 day moving average of $4.51. Great West Life Assurance Can stated it has 0% in Ascena Retail Group Inc (NASDAQ:ASNA). The specialty retailer reported $0.05 EPS for the quarter, hitting the Zacks' consensus estimate of $0.05. Piper Jaffray maintained Ascena Retail Group Inc (NASDAQ:ASNA) on Wednesday, December 2 with "Overweight" rating. Over the past year Company's shares have been trading in the range of $4.03 and $6.78. During the same quarter in the prior year, the company posted $0.15 earnings per share. On average, equities research analysts anticipate that Ascena Retail Group will post $0.12 EPS for the current fiscal year.

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The number of shares now held by investors is 191.73 Million. Bayesian Capital Management LP acquired a new position in Ascena Retail Group during the fourth quarter valued at approximately $518,000. New York State Teachers Retirement System boosted its position in Ascena Retail Group by 22.2% in the fourth quarter. Guggenheim Capital LLC boosted its position in Ascena Retail Group by 200.5% in the fourth quarter. Finally, Wells Fargo & Company MN boosted its position in Ascena Retail Group by 11.4% in the third quarter. Finally, Highbridge Capital Management LLC increased its stake in Ascena Retail Group by 13,454.5% in the fourth quarter. Comerica Bank now owns 180,480 shares of the specialty retailer's stock worth $978,000 after buying an additional 64,834 shares in the last quarter. Moreover, Blackrock Institutional Tru Na has 0% invested in Ascena Retail Group Inc (NASDAQ:ASNA) for 4.42 million shares.

KeyBanc "Downgrades" Ascena Retail Grp Cmn (NASDAQ:ASNA) in a research note issued to investors on 3/21/17 to Sector Weight with price target of $0. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines.

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