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Sears Holdings Corp. (NASDAQ:SHLD)’s share price hit a new 52-week low during trading on Friday , Analyst Ratings News reports. The company traded as low as $32.69 and last traded at $32.79, with a volume of 1,092,342 shares trading hands. The stock had previously closed at $34.40.

SHLD has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Sears Holdings Corp. in a research note on Friday, April 4th. They now have a $53.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $27.25.

The stock’s 50-day moving average is $44.40 and its 200-day moving average is $48.9. The company’s market cap is $3.520 billion. Sears Holdings Corp. also was the target of a large decline in short interest in January. As of March 31st, there was short interest totalling 15,592,835 shares, a decline of 8.7% from the March 14th total of 17,085,939 shares. Based on an average trading volume of 1,279,614 shares, the short-interest ratio is currently 12.2 days. Approximately 20.2% of the company’s stock are sold short.

Sears Holdings Corp. (NASDAQ:SHLD) last posted its quarterly earnings results on Thursday, February 27th. The company reported ($0.96) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.82) by $0.86. The company had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.57 billion. During the same quarter in the previous year, the company posted $1.12 earnings per share. The company’s revenue for the quarter was down 13.6% on a year-over-year basis. Analysts expect that Sears Holdings Corp. will post $-7.42 EPS for the current fiscal year.

Sears Holdings Corporation (NASDAQ:SHLD) is a retailer with 2,172 full-line and 1,338 specialty retail stores in the United States operating through Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co (Sears) and 500 full-line and specialty retail stores in Canada operating through Sears Canada Inc (Sears Canada), a 95%-owned subsidiary.

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