Is This Stock a Screaming Buy: Destination Maternity Corporation (NASDAQ:DEST)

Equity Research firms currently have a positive stance on shares of Destination Maternity Corporation (NASDAQ:DEST). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $22.00 on a short term basis.

At the time of writing, the stock was trading at $7.25. This represents a change from the opening price of -0.41%. In terms of performance, year to date, the stock is -16.74%. The monthly stock performance comes in at 34.20%. For the quarter, shares are performing at 21.40%. Weekly performance analysis shows the equity at 11.61%.

In taking a look at technical levels, shares are trading 22.01% away from the 50 day simple moving average and 7.95% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -29.20% away from it’s 52- week high and 47.96% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Destination Maternity Corporation’s RSI stands at 72.57. In looking at volatility levels, the shares saw weekly volatility of 5.96% and 5.01% over the past month.

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