New York & Company, Inc. (NWY) Upgraded by TheStreet to C-

New York & Company, Inc. (NYSE:NWY) was upgraded by stock analysts at TheStreet from a “d+” rating to a “c-” rating in a report issued on Thursday.

New York & Company, Inc. (NWY) traded up $0.25 during midday trading on Thursday, hitting $3.50. The stock had a trading volume of 149,300 shares, compared to its average volume of 194,592. The company has a quick ratio of 0.63, a current ratio of 1.38 and a debt-to-equity ratio of 0.13. The company has a market cap of $204.98, a P/E ratio of -25.00 and a beta of 1.51. New York & Company, Inc. has a 52-week low of $1.28 and a 52-week high of $3.50.

New York & Company, Inc. (NYSE:NWY) last posted its earnings results on Wednesday, November 29th. The specialty retailer reported $0.02 EPS for the quarter. The firm had revenue of $214.18 million during the quarter. New York & Company, Inc. had a negative return on equity of 2.96% and a negative net margin of 0.99%.

Institutional investors and hedge funds have recently modified their holdings of the stock. Paradigm Capital Management Inc. NY lifted its position in New York & Company, Inc. by 1.5% in the third quarter. Paradigm Capital Management Inc. NY now owns 5,922,068 shares of the specialty retailer’s stock worth $12,318,000 after buying an additional 89,182 shares during the last quarter. Signia Capital Management LLC lifted its position in New York & Company, Inc. by 24.4% in the third quarter. Signia Capital Management LLC now owns 2,768,007 shares of the specialty retailer’s stock worth $5,758,000 after buying an additional 542,803 shares during the last quarter. Neuberger Berman Group LLC lifted its position in New York & Company, Inc. by 4.1% in the third quarter. Neuberger Berman Group LLC now owns 1,138,672 shares of the specialty retailer’s stock worth $2,368,000 after buying an additional 44,633 shares during the last quarter. Bank of New York Mellon Corp lifted its position in New York & Company, Inc. by 62.3% in the third quarter. Bank of New York Mellon Corp now owns 163,983 shares of the specialty retailer’s stock worth $341,000 after buying an additional 62,953 shares during the last quarter. Finally, Nationwide Fund Advisors lifted its position in New York & Company, Inc. by 839.6% in the third quarter. Nationwide Fund Advisors now owns 68,545 shares of the specialty retailer’s stock worth $143,000 after buying an additional 61,250 shares during the last quarter. Institutional investors own 82.21% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “New York & Company, Inc. (NWY) Upgraded by TheStreet to C-” was first published by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this piece can be read at https://www.americanbankingnews.com/2018/01/22/new-york-company-inc-nwy-upgraded-by-thestreet-to-c.html.

New York & Company, Inc. Company Profile

New York & Company, Inc is a specialty retailer of women’s fashion apparel and accessories. The Company’s branded New York & Company merchandise is sold through its national network of retail stores and online at www.nyandcompany.com. It operates approximately 490 stores, including over 80 outlet stores in over 40 states.

Receive News & Ratings for New York & Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New York & Company Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply