JOS A Bank Clothiers Shares Climbing Higher, Up 1.6%

Published on Thu, 02/28/2013 - 13:22
By Adrienne Chilton in Market movers, JOSB, jos a bank clothiers, market movers, nasdaq:josb

One of today's notable stocks on the rise is JOS A Bank Clothiers (NASDAQ:JOSB), up 1.6% to $41.60. The Dow Jones Industrial Average is now trading fractionally higher to 14,096 and the S&P is trading 0.3% higher to 1,520.

JOS A Bank Clothiers (NASDAQ:JOSB) is currently priced 6.2% above its average consensus analyst price target of $39.00. The stock should run into initial resistance at its 50-day moving average (MA) of $42.25 and subsequent resistance at its 200-day MA of $44.25.

Jos. A. Bank Clothiers, Inc. manufactures classic men's clothing. The Company sells its clothing through conventional retail stores and catalog direct marketing located throughout the United States.

In the past 52 weeks, shares of JOS A Bank Clothiers have traded between a low of $37.31 and a high of $57.14 and are now at $41.60, which is 11% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.3%.

By Adrienne Chilton
achilton@fnno.com

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