Abercrombie & Fitch Company (ANF) Plunges 8.64% on September 16

Equities Staff  |

Abercrombie & Fitch Company (ANF) had a rough trading day for Monday September 16 as shares tumbled 8.64%, or a loss of $-1.53 per share, to close at $16.18. After opening the day at $17.39, shares of Abercrombie & Fitch Company traded as high as $17.44 and as low as $16.08. Volume was 4.19 million shares over 31,705 trades, against an average daily volume of 3.31 million shares and a total float of 62.86 million.

As a result of the decline, Abercrombie & Fitch Company now has a market cap of $1.02 billion.

The stock has a P/E Ratio of 17.9.

In the last year, shares of Abercrombie & Fitch Company have traded between a range of $30.63 and $13.58, and its 50-day SMA is currently $16.73 and 200-day SMA is $20.25.

For a complete fundamental analysis of Abercrombie & Fitch Company, check out Equities.com’s Stock Valuation Analysis report for ANF.

Still paying commissions on stock trades? Equities.com now offers $7.99/month unlimited trading and flat-fee options trading for $89.99/month! Get started today by https://www.equities.com/trading-start

Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.

Abercrombie & Fitch Company is based out of New Albany, OH and has some 42,000 employees. Its CEO is Fran Horowitz-Bonadies.

Abercrombie & Fitch Company is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Abercrombie & Fitch Company and to follow the company’s latest updates, you can visit the company’s profile page here: ANF’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
GOOG

     
XOM

     
BRK.A

     
FB

     
JNJ

     
WFC

     
T

     
NFLX

     
TSLA

     
V

     
UNH

     
PG

     

Blockchain in Fintech - Discussion at the EU Parliament

From the recent Blockchain For Europe Summit in Brussels: Panel on Financial Market Infrastructure