- C. Penney Company, Inc. (JCP) failed to extend gains with the stock declining -1.87% or $-0.13 to close the day at $6.81 on active trading volume of 24.87M shares, compared to its three month average trading volume of 19.28M. The Plano Texas 75024 based company has been outperforming the department stores group over the past 52 weeks, with the stock gaining 3.65%, compared to the industry which has advanced 2.73% over the same period. With RSI of 26.45, the stock should still continue to rise and get closer to its one year target estimate of $10.31, making it a hold for now.
- 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.
General Electric Company (GE) fell -0.13% during last trading as the stock lost $-0.04 to finish the day at $31.23 with about 24.67M shares changing hands, compared to its three month average trading volume of 31.96M. The $276.54B market cap company, which fluctuated between $31.13 and $31.33 during the day, currently situated 17.96% above its 52 week low of $27.1 and -4.63% away from its one year high of $33. The RSI of 43.22 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
General Electric Company operates as an infrastructure and financial services company worldwide. Its Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. The companys Renewable Energy segment offers wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. Its Oil and Gas segment offers turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. The companys Energy Management segment offers industrial and grid solutions, and power conversion systems. Its Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and offers aftermarket services. The companys Healthcare segment offers diagnostic imaging and clinical systems; products for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. Its Transportation segment offers freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, and stationary power diesel engines and motors, as well as overhaul, repair, and upgrade services. GEs Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. Its Capital segment offers commercial lending and leasing, factoring, energy financial, and aircraft financing and leasing services. GE also designs powder bed-based laser additive manufacturing machines. The company was founded in 1892 and is headquartered in Fairfield, Connecticut.
Apple Inc. (AAPL) saw its value decrease by -0.01% as the stock dropped $-0.01 to finish the day at a closing price of $119.99. The stock was lighter in trading and has fluctuated between $89.47-$120.5 per share for the past year. The shares, which traded within a range of $119.71 to $120.5 during the day, are up by 2.6% in the past three months and up by 21.42% over the past six months. It is currently trading 2.17% above its 20 day moving average and 5.74% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $132.75 a share over the next twelve months. The current relative strength index (RSI) reading is 72.68. The technical indicator do not lead us to believe the stock will see more gains any time soon.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers. The company also provides iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro. In addition, it offers Apple TV that connects to consumers TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod, a line of portable digital music and media players. Further, the company sells Apple-branded and third-party Mac-compatible, and iOS-compatible accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service; AppleCare that offers support options for its customers; and Apple Pay, a mobile payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.