Abercrombie & Fitch Company (NYSE:ANF) Among Today's Biggest Gainers - Up $3.37

Abercrombie & Fitch Company (NYSE:ANF) Among Today's Biggest Gainers - Up $3.37

Fin Architects Incorporated stated it has 0% of its portfolio in Abercrombie & Fitch Co. Abercrombie & Fitch Co. had 98 analyst reports since August 7, 2015 according to SRatingsIntel. Volume gives an investor an inspiration of the price action of a security and whether he should buy or sell the security. As of quarter end Geode Capital Management, LLC had bought a total of 9,135 shares growing its position 1.7%. Old Mutual Global Investors UK Ltd. purchased a new position in Abercrombie & Fitch during the 3rd quarter valued at $133,000. Finally, Cubist Systematic Strategies LLC increased its stake in Abercrombie & Fitch by 82.2% in the third quarter.

Abercrombie & Fitch Co. shares rose $2.97 (+23.67%) in premarket trading Friday following the report. The stock has returned 0.90% weekly, which was maintained at 5.45% in the 1-month period. "We continue to make progress against the balanced growth strategy we outlined in September, driving efficiency at our more mature brands, while growing our footprint in the value and active space, and investing in our online and mobile experience".

Shares of Abercrombie & Fitch (ANF) traded down $0.10 during trading on Friday, reaching $12.55.

In taking a look at technical levels, shares are trading 11.50% away from the 50 day simple moving average and 24.35% away from the 200 day simple moving average.

The most current P/E ratio is N/A and market capitalization is 1.06B. Abercrombie & Fitch has a twelve month low of $8.81 and a twelve month high of $16.99.

Analysts await Abercrombie & Fitch Company (NASDAQ:ANF) to report earnings on Nov, 17 for the fiscal quarter ending Oct 2017.

The teen retailer's revenue rose 4.5 percent to $859.1 million, with the Hollister brand showing key gains. Abercrombie & Fitch had a negative return on equity of 0.79% and a negative net margin of 0.62%. -Revenue Change (Y-o-Y): 4.5%. During the same period in the prior year, the company earned $0.02 earnings per share. Shareholders must be on record as of December 1, 2017 to receive this dividend. This represents a $0.80 annualized dividend and a yield of 6.37%. The ex-dividend date is Thursday, November 30th. The SI to Abercrombie & Fitch Company's float is 22.36%.

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These firms have modified their investment in ANF. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. Zacks Investment Research cut shares of Abercrombie & Fitch from a "hold" rating to a "sell" rating in a research note on Tuesday, August 8th.

Among 30 analysts covering Abercrombie & Fitch Co.

On November 1 the company was downgraded from "Neutral" to "Underweight" with a current price target of $10.00 in a report issued by J P Morgan Chase & Co.

Abercrombie & Fitch Co.is a specialty retailer who primarily sells its products through store and direct-to-consumer operations, as well as through various wholesale, franchise and licensing arrangements.

It offers knit tops, woven shirts, graphic T-shirts, fleece, sweaters, jeans, woven trousers, shorts, outerwear, dresses, intimates, and swimwear; and personal care products and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister, and Gilly Hicks brand names.

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