Stock Worth Mentioning: Today New York & Company, Inc. Stock Crashes

Stock Worth Mentioning: Today New York & Company, Inc. Stock Crashes

The stock of New York & Company, Inc. (NYSE:NWY) is a huge mover today! The stock increased 0.95% or $0.02 on November 8, hitting $2.13. About 119,117 shares traded hands or 119.60% up from the average. New York & Company, Inc. (NYSE:NWY) has declined 45.19% since April 6, 2016 and is downtrending. It has underperformed by 47.15% the S&P500.
The move comes after 6 months negative chart setup for the $136.25 million company. It was reported on Nov, 8 by Barchart.com. We have $1.85 PT which if reached, will make NYSE:NWY worth $17.71M less.

According to Zacks Investment Research, “New York & Company, Inc. is a leading specialty retailer of fashion-oriented, moderately-priced women’s apparel. The Company’s proprietary branded New York & Company merchandise is sold exclusively through its national network of retail stores.”

Insitutional Activity: The institutional sentiment decreased to 0.72 in Q2 2016. Its down 0.89, from 1.61 in 2016Q1. The ratio turned negative, as 22 funds sold all New York & Company, Inc. shares owned while 14 reduced positions. 7 funds bought stakes while 19 increased positions. They now own 23.45 million shares or 2.88% less from 24.15 million shares in 2016Q1.
State Street holds 0% of its portfolio in New York & Company, Inc. (NYSE:NWY) for 19,814 shares. Sei Invests accumulated 3,513 shares or 0% of the stock. Retail Bank Of New York Mellon holds 0% of its portfolio in New York & Company, Inc. (NYSE:NWY) for 108,884 shares. Vanguard Gru accumulated 879,474 shares or 0% of the stock. Renaissance Limited Liability Corp accumulated 0% or 946,631 shares. Northern holds 99,157 shares or 0% of its portfolio. Citigroup Inc holds 0% of its portfolio in New York & Company, Inc. (NYSE:NWY) for 3,000 shares. Financial Bank Of America De owns 173,515 shares or 0% of their US portfolio. Paradigm Mgmt Ny has invested 0.94% of its portfolio in New York & Company, Inc. (NYSE:NWY). Goldman Sachs owns 90,982 shares or 0% of their US portfolio. Millennium Management Ltd Liability Com accumulated 70,077 shares or 0% of the stock. Guggenheim Capital Limited Com accumulated 0% or 13,595 shares. D E Shaw holds 0% of its portfolio in New York & Company, Inc. (NYSE:NWY) for 85,055 shares. Morgan Stanley, a New York-based fund reported 61,620 shares. Grace And White Ny accumulated 981,174 shares or 0.33% of the stock.

More notable recent New York & Company, Inc. (NYSE:NWY) news were published by: Businesswire.com which released: “New York & Company Appoints Michelle Pearlman as EVP, eCommerce and Chief …” on November 08, 2016, also Businesswire.com with their article: “New York & Company, Inc. Announces 2016 Second Quarter Results and Introduces …” published on August 18, 2016, Businesswire.com published: “New York & Company, Inc. Announces 2016 First Quarter Results and Introduces …” on May 19, 2016. More interesting news about New York & Company, Inc. (NYSE:NWY) were released by: Businesswire.com and their article: “New York & Company, Inc. Announces Increased Sales and Profitability for the …” published on March 17, 2016 as well as Businesswire.com‘s news article titled: “Shopkick Announces Partnership with New York & Company” with publication date: July 27, 2016.

NWY Company Profile

New York & Company, Inc., incorporated on November 8, 2002, is a specialty retailer of women’s fashion apparel and accessories. The Company’s branded New York & Company merchandise is sold through its national network of retail stores and online at www.nyandcompany.com. The Firm offers its products to the women between the ages of 25 and 45. The Firm operates approximately 490 stores, including over 80 outlet stores in over 40 states. Each store of the Company is 4,000 to 6,000 selling square feet. Each outlet store is 3,000 to 5,000 selling square feet. It offers brands, including New York & Company, NY&C, City Style, NY Style, Soho Jeans, Lerner and Lerner New York.

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