- C. Penney Company, Inc. (JCP) retreated with the stock falling -1.76% or $-0.12 to close at $6.69 on active trading volume of 22.24M compared its three months average trading volume of 19.48M. The Plano Texas 75024 based company operating under the Department Stores industry has been trending up for the last 52 weeks, with the shares price now 6.02% up for the period and down by -19.49% so far this year. With price target of $10.31 and a 11.5% rebound from 52-week low, J. C. Penney Company, Inc. has plenty of upside potential, making it a hold with a view buy.
- C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.
Reynolds American Inc. (RAI) gained $0.58 to close the day at a new closing price of $58.58, a 1% increase in value from its previous closing price that moved the stock 36.17% above its 52 week low of $43.38. A total of 21.02M shares exchanged hands during the day compared with its three month average trading volume of 9.06M. The stock, which fluctuated between $58.29 and $58.63 during the day, currently situated 0.74% above its 52 week high. The stock is up by 5.47% in the past one month and up by 24.96% over the past three months. With a one year target estimate of $54.91 and RSI of 80.24, the stock still has upside potential, making it a sell for now.
Reynolds American Inc., through its subsidiaries, manufactures, and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, Santa Fe, and American Snuff segments. The RJR Tobacco segment offers cigarettes under the NEWPORT, CAMEL, PALL MALL, DORAL, MISTY, and CAPRI brands; and CAMEL Snus, a smoke-free tobacco product, as well as manages various licensed brands, including DUNHILL and STATE EXPRESS 555. The Santa Fe segment manufactures and markets cigarettes and other tobacco products under the NATURAL AMERICAN SPIRIT brand. The American Snuff segment provides smokeless tobacco products, such as moist snuff under GRIZZLY and KODIAK brand names. The company also manufactures and markets digital vapor cigarettes under the VUSE brand name; and markets nicotine replacement therapy products under the ZONNIC brand. It distributes its products primarily through direct wholesale deliveries from a local distribution center and public warehouses. Reynolds American Inc. was founded in 2004 and is headquartered in Winston-Salem, North Carolina.
Wells Fargo & Company (WFC) shares were up in last trading by 0.57% to $54.58. It experienced lighter than average volume on day. The stock decreased in value by almost -0.4% over the past week and fell -1.37% in the past month. It is currently trading 1.63% above its 50 day moving average and 11.86% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -5.93% decrease in value from its one year high of $58.02. The RSI indicator value of 49.1, lead us to believe that it is a hold for now.
Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, as well as time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, and merchant payment processing and private label financing solutions, as well as purchases retail installment contracts. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, insurance, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; commercial real estate loan servicing; and real estate and mortgage brokerage services. The companys Wealth, Brokerage and Retirement segment offers financial advisory, wealth management, brokerage, retirement, trust, and reinsurance services. As of February 25, 2015, it operated through approximately 8,700 locations and 12,500 ATMs & offices in 36 countries. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.