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New York & Co. (NYSE:NWY) was downgraded by Janney Montgomery Scott from a “buy” rating to a “neutral” rating in a research note issued on Friday.

New York & Co. (NYSE:NWY) opened at 3.14 on Friday. New York & Co. has a 52 week low of $3.00 and a 52 week high of $5.97. The stock has a 50-day moving average of $3. and a 200-day moving average of $4.10. The company has a market cap of $196.7 million and a price-to-earnings ratio of 515.00.

New York & Company, Inc is a specialty retailer of women’s fashion apparel and accessories. The Company’s proprietary branded New York & Company merchandise is sold through its national network of retail stores and electronic commerce (NYSE:NWY) store at www.

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