J.C. Penney stock cleared multi-year resistance at $35 in 1992 and entered a healthy trend advance that stair-stepped into the 1998 high at $78.75. It plunged off that level into the new millennium, settling at an 18-year low at the end of 2000.
A number of other analysts have also issued reports on JCP. Janney Montgomery Scott LLC increased its position in J.C. Penney Company, Inc. Citigroup initiated it with "Sell" rating and $7 target in Wednesday, October 7 report. J.C.
Estimates: A 6-cent per-share loss, a cent deeper than a year ago, with revenue down 1.6% to $2.87 billion, according to Zacks Investment Research. Same-store sales were seen falling 1.2%, according to Consensus Metrix. Results: …
JC Penney’s stock price just took a trip back to the last days of disco. The struggling department store chain’s shares hit an all-time low on Friday — below where they debuted in 1978 — as worse-than-expected sales and widening losses …
"When it fits, you feel it," is the strange (and slightly dirty) new slogan for J.C. Penney. But is the struggling retailer's stock finally a good fit for your portfolio? Shares certainly are feeling the love from Wall Street lately. They've nearly …
Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing …
JCP stock (NYSE: JCP) was up 1.95% this morning (Friday) following the retailer's release of second-quarter results after market close on Thursday. After hours on Thursday, shares rose more than 10%. Despite the jump, we're not ready to …
What a difference a year (or two) makes! Last Thursday, J.C. Penney reported better-than-expected first-quarter results including a second straight quarter of comparable-store sales growth. As a result, shares rallied 16% on Friday, …
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With JCP earnings due ahead of tomorrow's open, the stock's options are flying off the shelves today -- trading at nine times what's typically seen at this point in the session. Plus, with 187,030 contracts on the tape, JCP options volume …
JCPenney's stock price has dropped 40% over the past year. But investors appeared to cheer JCPenney's stock on Thursday, driving it up nearly 8% during trading hours. Related: JCPenney stores get a temporary lifeline The shops …