How Stochastic %D predicts the worthiness of Destination Maternity Corporation (NASDAQ:DEST)?

61

Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Destination Maternity Corporation (NASDAQ:DEST) for the period of 9-Day stands at 61.93% while the stochastic %D for the same period stands at 40.21%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Destination Maternity Corporation (NASDAQ:DEST) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Destination Maternity Corporation (NASDAQ:DEST) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Destination Maternity Corporation (NASDAQ:DEST)’s 20-Day Bollinger Band indicates “Buy”.

About Company

Destination Maternity Corporation engages in the design and retail of maternity apparel. It offers casual and career wear, formal attire, lingerie, sportswear, and outerwear. It is the provider of maternity apparel to Kohl’s, which operates approximately 834 stores throughout the United States. The Company operates its stores under four retail nameplates: Motherhood Maternity, Mimi Maternity, A Pea in the Pod and Destination Maternity.Destination Maternity Corporation, formerly known as Mothers Work, Inc., was founded in 1980 and is headquartered in Philadelphia, Pennsylvania.

Previous Day Activity Analysis

On the last trading day, Destination Maternity Corporation (NASDAQ:DEST) opened the session at $2.17 and after going down -2.94% closed at $2.31. The stock gained 0.14 points in the last trade.

Destination Maternity Corporation (NASDAQ:DEST)’s stock fluctuated in the range of $2.02 and $2.47 during the previous active session. Destination Maternity Corporation (NASDAQ:DEST) traded with the volume of 1.68 Million with average volume of 320.34 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at -0.03 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.19 and 72.85 respectively.

Currently the Insider Ownership of the shares of Destination Maternity Corporation (NASDAQ:DEST) is at 0.3% and the shares outstanding are 14.51 Million.

Important Ratio Analysis

Some important ratios to consider here for Destination Maternity Corporation (NASDAQ:DEST) are discussed below:

The Price to Sale P/S and Price to Book P/B shows the value of 0.08 and 0.53 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 14.57 and 1.44 correspondingly.

The Quick Ratio of Destination Maternity Corporation (NASDAQ:DEST) stands at 0.3 while the Current Ratio depicts the value of 1.5.

Return on Assets ROA of Destination Maternity Corporation (NASDAQ:DEST) is at -17.1% whereas, Return on Equity ROE and Return of Investment ROI of Destination Maternity Corporation (NASDAQ:DEST) stand at -42.3% and -28% respectively.

Stock Performance Analysis

The stock performance of Destination Maternity Corporation (NASDAQ:DEST) on the basis of 5 day trade show the jump of 24.19% whereas, the monthly performance of the stock shows increase of 59.31%.

The quarterly performance of the stock remained in red zone with the value of -18.66% while six month performance of the shares of Destination Maternity Corporation (NASDAQ:DEST) remained bearish with the count of -30.84%.

The yearly and YTD performance of Destination Maternity Corporation (NASDAQ:DEST) remained down at -67.37% and -55.32% respectively.

LEAVE A REPLY