Business

News Roundup: Tailored Brands Inc (NYSE:TLRD), Valley National Bancorp (NYSE:VLY), Total System Services, Inc. (NYSE:TSS)

Tailored Brands Inc (NYSE:TLRD) increased +2.75% during last trading as the stock added $0.39 to finish the day at $14.58 with about 999,732.00 shares changing hands, compared to its three month average trading volume of 780,895.00. The $714.80M market cap company, which fluctuated between $13.99 and $14.73 during the day, currently situated 50.22% above its 52 week low of $9.71 and -74.06% away from its one year high of $56.21. The RSI of 60.35 indicates the stock is overbought at the current levels, sell for now. Tailored Brands, Inc. is a holding company of The Men’s Wearhouse, Inc. The Company is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product.

Valley National Bancorp (NYSE:VLY) gained $0.04 to close the day at a new closing price of $9.35, a 0.43% increase in value from its previous closing price that moved the stock 15.19% above its 52 week low of $8.12. A total of 1.03M shares exchanged hands during the day compared with its three month average trading volume of 1.47M. The stock, which fluctuated between $9.25 and $9.35 during the day, currently situated -15.19% below its 52 week high. The stock is up by 2.86% in the past one month and up by 2.95 % over the past three months. With a one year target estimate of $9.68 and RSI of 56.34, the stock still has upside potential, making it a hold for now. Valley National Bancorp is the bank holding company for Valley National Bank (the Bank). The Bank provides a range of commercial, retail, insurance and wealth management financial services products.

Total System Services, Inc. (NYSE:TSS) had a light trading with around 994,300.00 shares changing hands compared to its three month average trading volume of 1.42M. The stock traded between $48.03 and $48.46 before closing at the price of $48.25 with -0.02% change on the day. The company is currently trading 29.30% above its 52 week low of $37.32 and -14.66% below its 52 week high of $56.54. Both the RSI indicator and target price of 37.93 and $58.76 respectively, lead us to believe that it could drop over the coming weeks. Total System Services, Inc. (TSYS) is a payment solutions provider that provides services to financial and nonfinancial institutions.

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