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Tale of the Tape

American Apparel, Inc. (APP - Snapshot Report) saw a big move last session, as the company’s shares fell by nearly 21% on the day. The move came on pretty good 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 below the volatile price range of $0.61 to $0.69 in the past one-month time frame.

The branded fashion based apparel manufacturer and distributor has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for loss hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

 APP currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the Retail-Apparel/Shoe industry include Christopher & Banks Corporation (CBK - Snapshot Report), Citi Trends, Inc. (CTRN - Analyst Report) and The Men’s Wearhouse, Inc. (MW - Snapshot Report). Among these stocks, Christopher & Banks Corporation and Citi Trends carry a Zacks Rank #1 (Strong Buy) and The Men’s Wearhouse carries a Zacks Rank #2 (Buy).

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