RTW Retailwinds Inc (NYSE:RTW) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 2,087,500 shares, a decrease of 8.6% from the May 30th total of 2,285,100 shares. Based on an average daily trading volume, of 129,300 shares, the short-interest ratio is presently 16.1 days. Approximately 8.0% of the company’s shares are short sold.
NYSE RTW traded down $0.01 during trading hours on Monday, hitting $2.04. The company’s stock had a trading volume of 9,352 shares, compared to its average volume of 122,861. The stock has a fifty day moving average of $1.91. RTW Retailwinds has a twelve month low of $1.56 and a twelve month high of $5.55. The firm has a market cap of $133.03 million, a price-to-earnings ratio of 13.60 and a beta of 1.23. The company has a quick ratio of 0.58, a current ratio of 1.09 and a debt-to-equity ratio of 2.90.
RTW Retailwinds (NYSE:RTW) last posted its earnings results on Wednesday, May 29th. The company reported ($0.04) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.04). The company had revenue of $200.96 million for the quarter, compared to analyst estimates of $202.32 million. RTW Retailwinds had a negative net margin of 0.13% and a positive return on equity of 4.05%. As a group, sell-side analysts anticipate that RTW Retailwinds will post 0.05 EPS for the current year.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. New York State Common Retirement Fund acquired a new stake in RTW Retailwinds in the fourth quarter worth $31,000. Cadence Capital Management LLC raised its holdings in RTW Retailwinds by 1.8% in the first quarter. Cadence Capital Management LLC now owns 720,245 shares of the company’s stock worth $1,729,000 after purchasing an additional 12,694 shares during the period. Janney Montgomery Scott LLC acquired a new stake in RTW Retailwinds in the first quarter worth $31,000. Stone Ridge Asset Management LLC acquired a new stake in RTW Retailwinds in the fourth quarter worth $40,000. Finally, American International Group Inc. acquired a new stake in RTW Retailwinds in the fourth quarter worth $55,000. Institutional investors own 89.60% of the company’s stock.
Several brokerages recently weighed in on RTW. ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Zacks Investment Research lowered shares of GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a report on Thursday, July 4th. Roth Capital restated a “buy” rating on shares of Corvus Gold in a report on Monday, March 25th. Finally, TheStreet lowered shares of Urban Outfitters from a “b-” rating to a “c+” rating in a report on Thursday, May 30th.
About RTW Retailwinds
RTW Retailwinds, Inc operates as an omni-channel women's fashion retailer in the United States. It offers a merchandise assortment, including wear-to-work, casual apparel and accessories comprising pants, dresses, jackets, knit tops, blouses, sweaters, denims, T-shirts, active wear, handbags, jewelry, and shoes under the New York & Company, NY&C, NY Style, Soho New York & Company Jeans, Lerner, Lerner New York, and Fashion to Figure brand names for women between the ages of 25 and 49.
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