American Apparel (APP) Jumps: Stock Adds 9.4% in Session - Tale of the Tape

American Apparel, Inc. (AMEX:APP) was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $0.53 to $0.69 in the past one-month time frame.

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None of the estimates for this retail-apparel/shoe stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near term.

American Apparel carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same sector include Christopher & Banks Corporation (NYSE: CBK), Citi Trends, Inc. (NASDAQ: CTRN) and Foot Locker, Inc. (NYSE: FL). While Christopher & Banks Corp. and Citi Trends sport a Zacks Rank #1 (Strong Buy), Foot Locker holds a Zacks Rank #2 (Buy).

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AMER APPAREL (AMEX:APP): Free Stock Analysis Report
 
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Posted In: MoversTrading Ideas