- JCP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $77.3 million.
- JCP has traded 16.0 million shares today.
- JCP is trading at 2.01 times the normal volume for the stock at this time of day.
- JCP crossed above its 200-day simple moving average.
'Storm the Castle' stocks are worth watching because trading stocks that begin to experience a breakout can lead to potentially massive profits. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock is then free to find new buyers and momentum traders who can ultimately push the stock significantly higher. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize on. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in JCP with the Ticky from Trade-Ideas. See the FREE profile for JCP NOW at Trade-Ideas More details on JCP: J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. Currently there are 2 analysts that rate JC Penney a buy, 5 analysts rate it a sell, and 9 rate it a hold. The average volume for JC Penney has been 13.6 million shares per day over the past 30 days. JC Penney has a market cap of $2.3 billion and is part of the services sector and retail industry. The stock has a beta of 1.70 and a short float of 32.8% with 10.05 days to cover. Shares are up 20.8% year-to-date as of the close of trading on Monday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates JC Penney as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally high debt management risk, poor profit margins and generally disappointing historical performance in the stock itself. Highlights from the ratings report include:
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed against the S&P 500 and did not exceed that of the Multiline Retail industry. The net income has significantly decreased by 268.6% when compared to the same quarter one year ago, falling from $35.00 million to -$59.00 million.
- The debt-to-equity ratio is very high at 2.83 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company.
- The gross profit margin for PENNEY (J C) CO is currently lower than what is desirable, coming in at 33.75%. Regardless of JCP's low profit margin, it has managed to increase from the same period last year.
- The share price of PENNEY (J C) CO has not done very well: it is down 12.78% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Multiline Retail industry and the overall market, PENNEY (J C) CO's return on equity significantly trails that of both the industry average and the S&P 500.
- You can view the full JC Penney Ratings Report.
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