Stocks Under $10: New York & Co., Inc

Richard Suttmeier |

New York & Co Inc (NWY) – ($5.55) has been downgraded to Sell from Hold according to ValuEngine with fair value at $4.99, which makes the stock 11.2% overvalued. The one-year price target is $4.93. ValuEngine Profile – “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.”

 

Analysis – The daily chart for NWY shows overbought momentum with the stock above its 21-day, 50-day and 200-day simple moving averages at $4.85, $4.49 and $3.96. My semiannual value level is $4.97 with a weekly pivot at $5.32 and the recent high at $5.86.



Courtesy of Thomson / Reuters

 

Ticker

Company Name

Mkt Price

Fair Value

One-Year Price Target

Last 12-Mon Retn (%)

5-Yr Avg Retn (%)

P/E Ratio

NWY

NEW YORK & COMPANY

5.55

4.99

4.93

57.22

-12.93

46.25

 

If you have any questions, please contact me at Rsuttmeier@gmail.com.

 

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Companies

Symbol Name Price Change % Volume
NWY New York & Company Inc. 1.98 0.05 2.59 32,998 Trade
RBSPRPCL Royal Bank of Scotland n/a n/a n/a 0 Trade

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