Positive News Coverage Somewhat Likely to Impact Destination Maternity Corp (DEST) Share Price
Press coverage about Destination Maternity Corp (NASDAQ:DEST) has trended positive recently, AlphaOne Sentiment reports. The research firm, a service of Accern, ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Destination Maternity Corp earned a news sentiment score of 0.50 on AlphaOne’s scale. AlphaOne also assigned news headlines about the company an impact score of 62 out of 100, indicating that recent news coverage is somewhat likely to have an effect on the company’s share price in the next few days.
Destination Maternity Corp (NASDAQ:DEST) traded down 0.68% during midday trading on Thursday, hitting $4.41. The stock had a trading volume of 68,809 shares. Destination Maternity Corp has a one year low of $3.18 and a one year high of $8.42. The company’s market cap is $61.68 million. The stock’s 50-day moving average is $3.68 and its 200-day moving average is $5.20.
Destination Maternity Corp (NASDAQ:DEST) last posted its quarterly earnings results on Thursday, April 13th. The company reported ($0.23) earnings per share (EPS) for the quarter. The firm had revenue of $100.16 million for the quarter. Destination Maternity Corp had a negative return on equity of 0.28% and a negative net margin of 0.67%. Equities analysts predict that Destination Maternity Corp will post $1.17 EPS for the current fiscal year.
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About Destination Maternity Corp
Destination Maternity Corporation, formerly Mothers Work, Inc is a designer and retailer of maternity apparel in the United States. The Company operates a chain of maternity apparel specialty stores. The Company operates through the design, manufacture, and sale of maternity apparel and related accessories segment.
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