Is This Stock a Screaming Buy: The Gap, Inc. (NYSE:GPS)

Equity Research firms currently have a positive stance on shares of The Gap, Inc. (NYSE:GPS). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $1.40 on a short term basis.

At the time of writing, the stock was trading at $26.09. This represents a change from the opening price of 7.61%. In terms of performance, year to date, the stock is -4.15%. The monthly stock performance comes in at -3.24%. For the quarter, shares are performing at 1.40%. Weekly performance analysis shows the equity at 6.07%.

In taking a look at technical levels, shares are trading 8.73% away from the 50 day simple moving average and 11.56% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -11.88% away from it’s 52- week high and 56.80% 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, The Gap, Inc.’s RSI stands at 72.96. In looking at volatility levels, the shares saw weekly volatility of 2.66% and 2.34% over the past month.

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