On Thursday, Shares of Yamana Gold Inc. (USA) (NYSE:AUY), gained 5.18% to $2.34. The stock attained the volume of 20.35 million shares.
The year-to-date (YTD) performance reflected a -60.41% below last year. During the past month the stock gains 48.74%, bringing three-month performance to -13.28% and six-month performance to -39.14%. The stock holds the market capitalization of $2.17 billion.
Yamana Gold Inc. engages in gold mining and related activities, counting exploration, extraction, processing, and reclamation. The company has precious metal properties and land positions in the Americas.
Shares of Rite Aid Corporation (NYSE:RAD), surged 1.22% to $6.24, during its last trading session.
The stock saw its price movement on below-normal volume, as 13.18 million shares changed hands when contrast with its average daily volume of 21.96 million shares, with a year-to-date performance of -16.89%.
Rite Aid Corporation, through its auxiliaries, operates a chain of retail drugstores in the United States. The company sells prescription drugs and a range of other merchandise, counting over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other every day and convenience products.
Finally, J C Penney Company Inc (NYSE:JCP), ended its last trade with 2.56% gain, and closed at $9.62.
The stock closed at a distance of 0.83% from 20-day simple moving average. In the last trading session, the stock’s price moved 14.60% above its 200 day moving average, changing hands as low as $9.35 per share. The stock is presently trading 7.17% above its SMA 50.
Earlier this year, J.C. Penney Co. Inc. (NYSE: JCP) CEO Marvin Ellison set an ambitious aim of bringing the retailer to profitability by 2017, according to Business Journals.
It’s a tall order for a company that saw revenues plummet by $6 billion between 2012 and 2013 under the leadership of former CEO Ron Johnson. Mike Ullman, who lead Penney before Johnson took over the role in 2011, was called back in 2013 in to resuscitate the company before handing the reins to Ellison on Aug. 1.
Since taking the job, Ellison, a former Home Depot executive, has outlined a strategy he believes will bring the company to $1.2 billion in earnings before interest, taxes, depreciation and amortization within the next two years. He reiterated the three-pronged plan on Oct. 8 at a retailing summit held by Texas A&M University at the Westin Galleria. Business Journals Reports
J C. Penney Company, Inc., through its partner, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
