Stage Stores Shares Sinking Lower, Down 1.6%

Published on Thu, 05/28/2015 - 11:58
By Adrienne Chilton in Market movers, SSI, market movers, nyse:ssi, stage stores

Stage Stores (NYSE:SSI) is one of today's notable stocks in decline, down 2.3% to $16.33. The Dow is down 0.4% to 18,083 and the S&P is currently down 0.4% to 2,115.

Potential upside of 37.4% exists for Stage Stores, based on a current level of $16.33 and analysts' average consensus price target of $22.44. Stage Stores shares should first meet resistance at the 200-day moving average (MA) of $19.32 and find additional resistance at the 50-day MA of $20.46.

Over the past year, Stage Stores has traded in a range of $15.71 to $23.26 and is now at $16.33, 4% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.1%.

Stage Stores, Inc. operates retail stores throughout the United States.. The Company's stores sells products that include apparel, accessories, cosmetics, and footwear for the entire family.

By Adrienne Chilton
achilton@fnno.com

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