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Stein Mart, Inc. Breaks Above 200-Day Moving Average - Bullish for SMRT

By Market News Video Staff, Wednesday, June 15, 4:45 PM ET
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In trading on Wednesday, shares of Stein Mart, Inc. (NASDAQ:SMRT) crossed above their 200 day moving average of $9.26, changing hands as high as $9.92 per share. Stein Mart, Inc. shares are currently trading up about 10.7% on the day. The chart below shows the one year performance of SMRT shares, versus its 200 day moving average:

Stein Mart, Inc. 200 Day Moving Average Chart

Looking at the chart above, SMRT's low point in its 52 week range is $5.90 per share, with $10.95 as the 52 week high point — that compares with a last trade of $9.20.

SMRT operates in the Apparel Stores sector, among companies like Hot Topic Inc. (NASDAQ:HOTT) which is up about 0.4% today, and Shoe Carnival, Inc. (NASDAQ:SCVL) trading lower by about 0.4%. Below is a three month price history chart comparing the stock performance of SMRT, versus HOTT and SCVL.

SMRT,HOTT,SCVL Relative Performance Chart


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This Article's Word Cloud:   Above   Average   Below   HOTT   Investment   Mart   Moving   NASDAQ   Portfolio   SCVL   SMRT   Stein   Wednesday   about   above   allows   among   asset   average   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   high   history   moving   operates   performance   point   portfolio   price   range   raquo   share   shares   short   slideshow   stocks   terms   trading   versus   week   with   year
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Stein Mart, Inc. Breaks Above 200-Day Moving Average - Bullish for SMRT | Market News Video | Copyright © 2008 - 2012, All Rights Reserved

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