Joe's Jeans (JOEZ) in Focus: Stock Moves 6.9% Higher - Tale of the Tape
Joe's Jeans Inc. ( JOEZ ) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up almost 23% since Feb 4, 2014.
The company has seen one positive estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead for Joe's Jeans. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Joe's Jeans currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Other players in the textile apparel industry, which look attractive at current levels, include Hanesbrands Inc. ( HBI ), Michael Kors Holdings Limited ( KORS ) and Columbia Sportswear Company ( COLM ). While Hanesbrands and Michael Kors Holdings boast the same Zacks Rank as Joe's Jeans, Columbia Sportswear has a Zacks Rank #2 (Buy).
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