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The Wet Seal (WTSL) Gains: Stock Adds 6.1% in Session

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The Wet Seal, Inc. was a big mover last session, as the company saw its shares rise 6% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $0.67 to $1.05 in the past one-month time frame.

The company has seen 1 downward estimate revision in the past one month, and its Zacks Consensus Estimate of a loss widened over the same period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent high can last.

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

Other better-ranked players in the retail sector include Citi Trends, Inc. , carrying a Zacks Rank #1 (Strong Buy) along with Foot Locker, Inc. (FL - Free Report) and Michael Kors Holdings Limited with a Zacks Rank #2 (Buy).

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