Stock Investors Bid Up Shares of AnnTaylor Stores, Up 1.4%

Published on Mon, 04/13/2015 - 13:44
By Peter Chu in Market movers, ANN, anntaylor stores, market movers, nyse:ann

AnnTaylor Stores (NYSE:ANN) is one of today's notable stocks on the rise, up 1.4% to $40.40. The Dow Jones Industrial Average is now trading fractionally lower to 18,038 and the S&P is trading fractionally lower to 2,099.

AnnTaylor Stores Corporation, through its wholly owned subsidiary, retails women's apparel, shoes, and accessories primarily under the Ann Taylor brand name. The Company operates throughout the United States.

AnnTaylor Stores share prices have moved between a 52-week high of $42.96 and a 52-week low of $31.69 and are now trading 27% above that low price at $40.40 per share. The 200-day and 50-day moving averages have moved 0.1% lower and 1.54% higher over the past week, respectively.

There is potential upside of 2.6% for shares of AnnTaylor Stores based on a current price of $40.40 and an average consensus analyst price target of $41.47. The stock should find initial support at its 200-day moving average (MA) of $38.06 and further support at its 50-day MA of $37.71.

By Peter Chu
pchu@fnno.com

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