- C. Penney Company, Inc. (JCP) retreated with the stock falling -1.68% or $-0.12 to close at $7.02 on light trading volume of 18.56M compared its three months average trading volume of 20.17M. 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 0.43% up for the period and down by -15.52% so far this year. With price target of $10.18 and a 10.55% 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.
Rite Aid Corporation (RAD) gained $0.09 to close the day at a new closing price of $5.7, a 1.6% increase in value from its previous closing price that moved the stock 9.62% above its 52 week low of $5.2. A total of 17.04M shares exchanged hands during the day compared with its three month average trading volume of 23.62M. The stock, which fluctuated between $5.62 and $5.76 during the day, currently situated -35.01% below its 52 week high. The stock is down by -34.48% in the past one month and down by -19.03% over the past three months. With a one year target estimate of $7.75 and RSI of 29.96, the stock still has upside potential, making it a buy for now.
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.
The Western Union Company (WU) shares were down in last trading by -1.06% to $19.53. It experienced higher than average volume on day. The stock decreased in value by almost -1.51% over the past week and fell -11.71% in the past month. It is currently trading -7.71% below its 50 day moving average and -3.05% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -13.96% decrease in value from its one year high of $22.7. The RSI indicator value of 33.79, lead us to believe that it is a hold for now.
The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers money transfer services. This segment provides various options for sending funds, including walk-in and online money transfer, as well as account based money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems. The Consumer-to-Business segment offers options to make one-time or recurring payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies, and other businesses. It also provides various products, which provide consumers choices as to the payment channel and method of payment, including Speedpay, Pago Fácil, and Western Union Payments. This segment offers its services primarily through the phone and Online, as well as through its agent networks and selected company-owned locations. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises and other organizations, as well as for individuals. This segment provides its services through the phone, partner channels, and the Internet. As of December 31, 2015, the company had a network of approximately 500,000 agent locations in approximately 200 countries and territories. The Western Union Company was incorporated in 2006 and is headquartered in Englewood, Colorado.