Destination Maternity Corp (NASDAQ:DEST)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $1.33 and traded as high as $1.36. Destination Maternity shares last traded at $1.31, with a volume of 1,862 shares.
Separately, ValuEngine downgraded shares of Verso from a “hold” rating to a “sell” rating in a report on Thursday, May 23rd.
The company has a market cap of $17.21 million, a price-to-earnings ratio of -2.50 and a beta of 0.41. The company has a debt-to-equity ratio of 5.73, a quick ratio of 0.18 and a current ratio of 0.85. The stock has a 50 day simple moving average of $1.30.
Destination Maternity (NASDAQ:DEST) last announced its quarterly earnings results on Tuesday, April 16th. The company reported ($0.31) EPS for the quarter. The company had revenue of $91.29 million during the quarter. Destination Maternity had a negative return on equity of 23.13% and a negative net margin of 3.85%. As a group, research analysts predict that Destination Maternity Corp will post -0.02 EPS for the current year.
An institutional investor recently bought a new position in Destination Maternity stock. Hancock Whitney Corp purchased a new position in Destination Maternity Corp (NASDAQ:DEST) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 43,910 shares of the company’s stock, valued at approximately $125,000. Hancock Whitney Corp owned approximately 0.30% of Destination Maternity as of its most recent SEC filing. 40.89% of the stock is currently owned by hedge funds and other institutional investors.
Destination Maternity Company Profile (NASDAQ:DEST)
Destination Maternity Corporation designs and retails maternity apparel. As of August 4, 2018, the company operated 1,114 retail locations, including 480 stores in the United States, Canada, and Puerto Rico under the Motherhood Maternity, A Pea in the Pod, and Destination Maternity names; and 634 leased department locations in the United States and Puerto Rico.
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