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 |
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