20.07.2017 12:25:00

Daily Technical Summary Reports on Discount, Variety Stores Stocks -- Fred's, Burlington Stores, Ollie's Bargain Outlet, and Tuesday Morning

NEW YORK, July 20, 2017 /PRNewswire/ --

If you want a Stock Review on FRED, BURL, OLLI, or TUES then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Like most retailing industries, the majority of operational costs of stocks in the Discount Variety Stores space are devoted to the payment of wages, rather than capital equipment like fixtures and fittings, according to an IBISWorld report. Despite this, operators planning to enter this industry must consider the capital requirements of establishing a new store or purchasing an existing location. In today's pre-market research, DailyStockTracker.com has initiated coverage on the following stocks: Fred's Inc. (NASDAQ: FRED), Burlington Stores Inc. (NYSE: BURL), Ollie's Bargain Outlet Holdings Inc. (NASDAQ: OLLI), and Tuesday Morning Corp. (NASDAQ: TUES). Register now and get full and free access to these DailyStockTracker.com research reports at:

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Fred's
 

On Wednesday, shares in Memphis, Tennessee headquartered Fred's Inc. recorded a trading volume of 1.78 million shares, which was above their three months average volume of 1.51 million shares. The stock ended at $6.73, rising 1.51% from the last trading session. The Company's shares are trading below their 50-day moving average by 40.38%. Furthermore, shares of Fred's, which together with its subsidiaries, sell general merchandise through its retail discount stores and full service pharmacies, have a Relative Strength Index (RSI) of 32.48.  

On July 06th, 2017, Fred's reported sales for the five-week fiscal month of June, which ended on July 01st, 2017. Total sales for June decreased 5.3% year-over-year to $197.5 million. The decrease is related to the closure of 39 underperforming stores in Q1 2017 and continued pressure in the Front Store business. Total comparable store sales for the month decreased 1.6% year-over-year. Comparable store sales for June included a negative 0.9% impact as a result of the sale of low productive discontinued inventory. Access our complete research report on FRED for free at:

http://dailystocktracker.com/registration/?symbol=FRED


Burlington Stores
 

New Jersey-based Burlington Stores Inc.'s stock finished yesterday's session 2.16% higher at $90.47 with a total trading volume of 654,088 shares. The Company's shares have gained 6.75% on an YTD basis. The stock is trading above its 200-day moving average by 2.25%. Furthermore, shares of Burlington Stores, which operates as a retailer of branded apparel products in the US, have an RSI of 49.11. The complimentary research report on BURL can be downloaded at:

http://dailystocktracker.com/registration/?symbol=BURL


Ollie's Bargain Outlet Holdings 

At the close of trading on Wednesday, shares in Harrisburg, Pennsylvania headquartered Ollie's Bargain Outlet Holdings Inc. saw a decline of 2.60%, ending the day at $43.05. The stock recorded a trading volume of 578,662 shares. The Company's shares have advanced 3.36% in the last one month, 21.10% in the previous three months, and 51.32% since the start of this year. The stock is trading 4.08% above its 50-day moving average and 27.92% above its 50-day moving average. Moreover, shares of the Company, which operates as a retailer of brand name merchandise, have an RSI of 55.83. Register for free on DailyStockTracker.com and get access to the latest report on OLLI at:

http://dailystocktracker.com/registration/?symbol=OLLI


Tuesday Morning
 

Dallas, Texas headquartered Tuesday Morning Corp.'s shares edged 8.33% higher, ending the day at $1.95 with a total trading volume of 364,529 shares. The stock is trading 2.66% above its 50-day moving average. Shares of the Company, which operates as a retailer of upscale decorative home accessories, housewares, seasonal goods, and gifts in the US, have an RSI of 55.59. Download your free research report on TUES at:

http://dailystocktracker.com/registration/?symbol=TUES

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