News coverage about Ascena Retail Group (NASDAQ:ASNA) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ascena Retail Group earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the specialty retailer an impact score of 46.4618612464296 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
ASNA has been the topic of several recent research reports. Zacks Investment Research raised Ascena Retail Group from a “sell” rating to a “hold” rating in a research report on Tuesday, November 7th. ValuEngine lowered Ascena Retail Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. B. Riley reissued a “neutral” rating on shares of Ascena Retail Group in a research report on Wednesday, November 1st. KeyCorp reissued a “hold” rating on shares of Ascena Retail Group in a research report on Thursday, November 16th. Finally, BidaskClub raised Ascena Retail Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 2nd. One analyst has rated the stock with a sell rating and eleven have issued a hold rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $2.75.
Shares of Ascena Retail Group (NASDAQ ASNA) traded up $0.04 on Monday, hitting $2.29. The company’s stock had a trading volume of 767,500 shares, compared to its average volume of 2,020,364. Ascena Retail Group has a one year low of $1.65 and a one year high of $5.09. The firm has a market cap of $452.85, a price-to-earnings ratio of -0.42 and a beta of 1.93. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.55 and a current ratio of 1.36.
In other Ascena Retail Group news, Director Krill Katherine Lawther sold 19,400 shares of the company’s stock in a transaction that occurred on Thursday, December 28th. The stock was sold at an average price of $2.33, for a total value of $45,202.00. Following the transaction, the director now directly owns 108,957 shares of the company’s stock, valued at approximately $253,869.81. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 8.02% of the company’s stock.
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Ascena Retail Group Company Profile
Ascena Retail Group, Inc is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.
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