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Pacific Sunwear of California (PSUN) in Focus: Stock Moves 5.7% Higher
August 01, 2014

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Pacific Sunwear of California was a big mover last session, as the company saw its shares rise nearly 6% on the day. This significant rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock is now down about 17.1% in the past one-month time frame.

In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged over the same period. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.

Pacific Sunwear of California currently has a Zacks Rank #4(Sell) while its Earnings ESP is 0.00%.

Other better-ranked players in the retail sector include The Men’s Wearhouse Inc. and Citi Trends, Inc. (CTRN) both carrying a Zacks Rank #1 (Strong Buy), and Abercrombie & Fitch Co. (ANF) sporting a Zacks Rank #2 (Buy).

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