• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 446163 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414225657 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414225657 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Investors look to Lighten Up on Shares of Zale, Shares Down 6.9% (ZLC)

Published on Thu, 02/21/2013 - 13:23
By Robert Cotter

Zale (NYSE:ZLC) is one of today's worst performing low-priced stocks, down 6.9% to $4.07 on 2.0x average daily volume. Zale has traded 952,000 shares thus far today, vs. average volume of 475,000 shares per day. The stock has underperformed the Dow (-6.9% to the Dow's -0.4%) and underperformed the S&P 500 (-6.9% to the S&P's -0.7%) during today's trading.

Zale Corporation operates retail jewelry stores under the Zales and Gordon's names. The Company's stores are located primarily in shopping malls in the United States and Puerto Rico. Zales offers moderately priced jewelry and Gordon's offers merchandise at somewhat higher prices.

Zale has overhead space with shares priced $4.07, or 45.7% below the average consensus analyst price target of $7.50. Zale shares should first meet resistance at the 200-day moving average (MA) of $4.44 and find additional resistance at the 50-day MA of $4.60.

In the past 52 weeks, shares of Zale have traded between a low of $2.18 and a high of $7.66 and are now at $4.07, which is 87% above that low price. The 200-day and 50-day moving averages have moved 0.42% higher and 0.11% lower over the past week, respectively.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Shares of Travelers Rise Above Previous ...

Shares of Travelers (NYSE:TRV) traded today at $97.70, breaking its 52-week high. Appr ...

Shares of Transglobe Energy Fall to a Ne...

Transglobe Energy (NASDAQ:TGA) traded today at a new 52-week low of $4.66. So far toda ...

Shares of Teleflex Have Risen Above Prev...

Shares of Teleflex (NYSE:TFX) traded today at $111.56, breaking its 52-week high. Appr ...

Southwest Gas: 52-Week High Recently Ecl...

Southwest Gas (NYSE:SWX) traded today at a new 52-week high of $56.15. So far today ap ...

Shares of Southwestern Energy Have Falle...

Shares of Southwestern Energy (NYSE:SWN) traded at a new 52-week low today of $31.28. ...

Shares of Sovran Self Storage Rise to a ...

Shares of Sovran Self Storage (NYSE:SSS) traded today at $82.98, breaking its 52-week h ...

Recent 52-Week High Exceeded in Shares o...

Sonic (NASDAQ:SONC) traded at a new 52-week high today of $24.92. So far today approxi ...

Super Micro Computer: The Winning Streak...

Super Micro Computer (NASDAQ:SMCI) traded today at a new 52-week high of $31.00. This ...