Charming Shoppes, Inc. (NASDAQ:CHRS) went down by 2.52% to close at $4.26 with overall traded volume of 1.24 million shares in the last trading day. The current market price is 29.34% more than its last 50 days simple moving average. The RSI value of 77.29 times depicts that current share value is in highly overbought level.
Pacific Sunwear of California, Inc. (NASDAQ:PSUN) closed at $3.63 after surging by 2.54% whereas traded volume stood at 1.16 million shares for the day as compare to its average volume stood at 1.30 million. The company maintains strong short term liquidity position with current ratio of 2.11 times.
The Wet Seal, Inc. (NASDAQ:WTSLA) witnessed the correction of 1.65% to close at $4.16 with traded volume of 3 million shares in the last trading day. The company stands in profit with the profit margin of 2.16%. The company is in highly profitability with ROE of 4.59%.
By,
Martin Hammond

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