Shares of American Apparel Inc. (NYSEMKT:APP) dropped another 14 percent on Wednesday after the apparel company priced a dilutive sale of common shares 9 cents below Tuesday’s closing price. American Apparel Inc. (NYSEMKT:APP) shares after opening at $0.48 on last trade day and at the end of the day closed at $0.506. Company price to sales ratio in past twelve months was calculated as 0.09 and price to cash ratio as 11.49. American Apparel Inc. (NYSEMKT:APP) showed a negative weekly performance of -32.00%.
Shares of PVH Corp (NYSE:PVH) rose 5.1% during mid-day trading on Wednesday following a stronger than expected earnings report, AnalystRatings.Net reports. The stock traded as high as $125.89 and last traded at $123.28, with a volume of 2,603,827 shares trading hands. The stock had previously closed at $117.25. PVH Corp (NYSE:PVH) shares advanced 3.57% in last trading session and ended the day on $121.43. PVH return on equity ratio is recorded as 6.30% and its return on assets is 2.30%. PVH Corp (NYSE:PVH) yearly performance is 6.70%.
Swisher Hygiene (NASDAQ:SWSH) COO Blake Thompson acquired 155,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, March 21st. The shares were purchased at an average cost of $0.48 per share, for a total transaction of $74,400.00. Following the completion of the transaction, the chief operating officer now directly owns 155,000 shares in the company, valued at approximately $74,400. Swisher Hygiene, Inc. (NASDAQ:SWSH) shares moved up 5.51% in last trading session and was closed at $0.500, while trading in range of $0.49 – $0.54. Swisher Hygiene, Inc. (NASDAQ:SWSH) year to date (YTD) performance is -1.96%.
Movado Group Inc. (NYSE:MOV) updated its FY15 earnings guidance on Wednesday. The company provided earnings per share guidance of $2.44 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.38, American Banking & Market News reports. The company issued revenue guidance of $640 million, compared to the consensus revenue estimate of $636.36 million. Movado Group, Inc (NYSE:MOV) weekly performance is 5.90%. On last trading day company shares ended up $46.31. Movado Group, Inc (NYSE:MOV) distance from 50-day simple moving average (SMA50) is 15.69%. Analysts mean target price for the company is $52.60.
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