J. C. Penney Company, Inc. (JCP) Reaches $3.12 After 8.00% Down Move; Shorts at BT GROUP PLC GBP (BTGOF) Raised By 513.55%

December 12, 2017 - By Marguerite Chambers

BT GROUP PLC GBP (OTCMKTS:BTGOF) had an increase of 513.55% in short interest. BTGOF’s SI was 9.94 million shares in December as released by FINRA. Its up 513.55% from 1.62 million shares previously. With 7,600 avg volume, 1307 days are for BT GROUP PLC GBP (OTCMKTS:BTGOF)’s short sellers to cover BTGOF’s short positions. The stock decreased 11.85% or $0.41 during the last trading session, reaching $3.05. About 150 shares traded. BT Group plc (OTCMKTS:BTGOF) has 0.00% since December 12, 2016 and is . It has underperformed by 16.70% the S&P500.

The stock of J. C. Penney Company, Inc. (NYSE:JCP) is a huge mover today! The stock decreased 2.50% or $0.08 during the last trading session, reaching $3.12. About 5.40 million shares traded. J. C. Penney Company, Inc. (NYSE:JCP) has declined 40.00% since December 12, 2016 and is downtrending. It has underperformed by 56.70% the S&P500.The move comes after 8 months negative chart setup for the $972.11M company. It was reported on Dec, 12 by Barchart.com. We have $2.87 PT which if reached, will make NYSE:JCP worth $77.77 million less.

BT Group plc provides communications services worldwide. The company has market cap of $29.74 billion. The Company’s Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers and the online BT Shop, as well as through Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. It has a 14.45 P/E ratio. The companyÂ’s EE segment offers 2G, 3G, and 4G mobile network services; and broadband, fixed-voice, and TV services, as well as postpaid and prepaid plans, and emergency services network.

Among 29 analysts covering J.C. Penney Company (NYSE:JCP), 3 have Buy rating, 5 Sell and 21 Hold. Therefore 10% are positive. J.C. Penney Company had 79 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Monday, October 30 by Citigroup. On Monday, August 14 the stock rating was maintained by Citigroup with “Neutral”. The company was maintained on Monday, July 10 by BMO Capital Markets. The stock of J. C. Penney Company, Inc. (NYSE:JCP) earned “Buy” rating by Bank of America on Friday, December 2. The stock of J. C. Penney Company, Inc. (NYSE:JCP) has “Sell” rating given on Monday, March 28 by Goldman Sachs. Jefferies maintained the stock with “Hold” rating in Tuesday, June 20 report. As per Friday, October 27, the company rating was maintained by Cowen & Co. The company was downgraded on Friday, August 11 by Telsey Advisory Group. As per Friday, October 27, the company rating was maintained by Robert W. Baird. The rating was initiated by Gordon Haskett with “Reduce” on Tuesday, May 9.

J. C. Penney Company, Inc., through its subsidiary J. The company has market cap of $972.11 million. C. It currently has negative earnings. Penney Corporation, Inc., sells merchandise through department stores.

Investors sentiment increased to 1.19 in 2017 Q2. Its up 0.40, from 0.79 in 2017Q1. It increased, as 73 investors sold J. C. Penney Company, Inc. shares while 70 reduced holdings. 40 funds opened positions while 73 raised stakes. 220.63 million shares or 6.75% less from 236.60 million shares in 2017Q1 were reported. Carroll Financial Assoc holds 0% or 25 shares. Moreover, M&R Mgmt Inc has 0% invested in J. C. Penney Company, Inc. (NYSE:JCP). Blair William & Il invested 0% of its portfolio in J. C. Penney Company, Inc. (NYSE:JCP). 1.57 million are held by Gabelli Funds Llc. Evercore Na reported 13.77 million shares stake. Financial Architects stated it has 0.08% in J. C. Penney Company, Inc. (NYSE:JCP). Tiger Glob Mgmt Limited Liability stated it has 0.03% in J. C. Penney Company, Inc. (NYSE:JCP). Invsts Asset Management Of Georgia Ga Adv invested in 0.12% or 37,595 shares. Piedmont Investment Lc holds 66,985 shares. Fmr Ltd Llc owns 13.56M shares or 0.01% of their US portfolio. Commonwealth Bancorp Of Australia accumulated 79,400 shares. Proshare Limited Liability Company has 34,488 shares. Old Mutual Customised Solutions (Proprietary) Limited has 7,100 shares. Citigroup reported 268,732 shares or 0% of all its holdings. Prelude Capital Ltd Company owns 500 shares.

Analysts await J. C. Penney Company, Inc. (NYSE:JCP) to report earnings on February, 23. They expect $0.51 EPS, down 20.31% or $0.13 from last year’s $0.64 per share. JCP’s profit will be $158.90 million for 1.53 P/E if the $0.51 EPS becomes a reality. After $-0.33 actual EPS reported by J. C. Penney Company, Inc. for the previous quarter, Wall Street now forecasts -254.55% EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>