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Shares of Aeropostale Receive a Boost, Up 3.1%

Published on Thu, 04/25/2013 - 12:20
By Mallory Stone

Aeropostale (NYSE:ARO) is a company whose shares are active, trading 3.1% higher to $13.93. The Dow is up 0.5% to 14,749 and the S&P is currently up 0.7% to 1,590.

Aeropostale, Inc. is a mall-based retailer of casual apparel and accessories that targets young women and men in the pre-teen and teenage market. The Company's stores provide active-oriented, fashion basic merchandise. Aeropostale operates stores throughout the United States.

Aeropostale has overhead space with shares priced $13.93, or 5.3% below the average consensus analyst price target of $14.71. The stock should hit resistance at its 200-day moving average (MA) of $14.01, as well as support at its 50-day MA of $13.42.

In the past 52 weeks, shares of Aeropostale have traded between a low of $11.76 and a high of $23.05 and are now at $13.93, which is 18% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.6%.

By Mallory Stone