J. C. Penney Company (NYSE:JCP)- Pre-Movers Stocks In Imitation: COPsync (NASDAQ:COYN)

  1. C. Penney Company, Inc. (NYSE:JCP)[Trend Analysis] knocking active thrust in leading trading session, shares a loss of -1.98% to 7.42 with around 5.71 Million shares have changed hands in this session. J. C. Penney Company Inc. (JCP) unveiled that its comparable store sales for the combined nine-week November and December period resulted in a 0.8 percent decline over the same period last year, which equates to a 3.1 percent positive two-year stack of comparable store sales for the same time period. The company said that weakness in women’s apparel continued to impact its performance. It expects to deliver fourth consecutive quarter of positive operating profit.

“The first three weeks of November proved to be challenging in stores, consistent with the trends in the broader retail industry. However, the business improved and overall comp sales for the six-week period from Thanksgiving week through the end of December were positive. During the holiday season we saw strength in appliances, outerwear, boots, toys, Sephora and fine jewelry.

However, weakness in women’s apparel continued to impact our performance. We are also encouraged by a very strong performance in our e-commerce business, evidenced by double-digit growth,” said Marvin R. Ellison, chairman and chief executive officer of JCPenney. The stock is going forward its fifty-two week low with 23.67% and lagging behind from its 52-week high price with -38.12%.

Similar, the positive performance for the quarter recorded as -19.21% and for the year was 4.27%, while the YTD performance remained at -8.90%. JCP has Average True Range for 14 days of 0.43.

Shares of COPsync, Inc. (NASDAQ:COYN) [Trend Analysis] swings enthusiastically in regular trading session, it a loss of -7.10% to close at $0.64. COPsync, Inc. (COYN) declared that it has entered into securities purchase contracts with certain accredited investors providing for the purchase and sale of 1,772,614 shares of common stock in a registered direct offering. In a concurrent private placement, COPsync has agreed to sell Class A Warrants to purchase up to 1,772,614 shares of common stock with an exercise price of $1.03 per share and Class B Warrants to purchase up to 1,772,614 shares of common stock with an exercise price of $1.03 per share.

The combined purchase price for one registered share of common stock, one unregistered Class A Warrant and one unregistered Class B warrant is $0.65. The Class A Warrants and Class B Warrants will be exercisable beginning six months following the closing date of the private placement.

The Class A Warrants will expire on the eighteen-month anniversary of the date on which they become exercisable, and the Class B Warrants will expire on the five-year anniversary of the date on which they become exercisable. Moving forward to saw long-term intention, the experts calculate Return on Investment of -102.90%. The stock is going forward its fifty-two week low with 8.63% and lagging behind from its 52-week high price with -75.90%. COYN last month stock price volatility remained 15.42%.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

Leave a Reply

Your email address will not be published. Required fields are marked *