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Shares of JOS A Bank Clothiers Under Pressure, Down 1.5%

Published on Mon, 02/11/2013 - 11:26
By Adrienne Chilton

JOS A Bank Clothiers (NASDAQ:JOSB) is one of today's notable stocks in decline, down 1.5% to $41.23. The S&P is trading fractionally lower to 1,517 and the Dow is trading fractionally lower to 13,968.

Based on a current price of $41.23, JOS A Bank Clothiers is currently 1.8% above its average consensus analyst price target of $40.50. The stock should find initial resistance at its 50-day moving average (MA) of $42.81 and further resistance at its 200-day MA of $44.65.

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.

JOS A Bank Clothiers share prices have moved between a 52-week high of $57.14 and a 52-week low of $37.31 and are now trading 11% above that low price at $41.23 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.5% while the 200-day MA has slid 0.4%.

By Adrienne Chilton