The stock of Sears Canada Inc (TSE:SCC) is a huge mover today! About 43,923 shares traded hands or 355.16% up from the average. Sears Canada Inc (TSE:SCC) has declined 41.91% since April 13, 2016 and is downtrending. It has underperformed by 46.53% the S&P500.
The move comes after 7 months negative chart setup for the $207.66M company. It was reported on Nov, 17 by Barchart.com. We have $1.91 PT which if reached, will make TSE:SCC worth $22.84 million less.
More notable recent Sears Canada Inc (TSE:SCC) news were published by: Business.Financialpost.com which released: “Sears Canada Inc faces another $100-million class action lawsuit from its dealers” on November 23, 2015, also Business.Financialpost.com with their article: “Sears Canada says it will cut more costs as it posts bigger loss” published on June 08, 2016, Business.Financialpost.com published: “Sears Canada Inc narrows third-quarter loss” on December 03, 2015. More interesting news about Sears Canada Inc (TSE:SCC) were released by: Business.Financialpost.com and their article: “Sears Canada’s new logo ‘bold, confident’ and not blue-and-white” published on August 24, 2016 as well as Business.Financialpost.com‘s news article titled: “Sears Canada loses another top executive: Carrie Kirkman out less than a year …” with publication date: July 26, 2016.
Sears Canada Inc. is a Canada multi-channel retailer company. The company has a market cap of $207.66 million. The Firm operates through merchandising segment. It currently has negative earnings. The Company’s merchandising activities include the sale of goods and services through its retail channels, which includes its full-line, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. (Corbeil) stores and its direct (catalogue/Internet) channel.