Stocks in Focus – The Gap Inc. (NYSE:GPS), Hot Topic, Inc. (NASDAQ:HOTT)
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The Services Sector of the Apparel Stores Industry stock are in focus, as its stock was gaining high volume during the previous trade, The Gap Inc. (NYSE:GPS) remained with higher volume in its industry and was showing a positive trend during the previous trading session and Hot Topic, Inc. (NASDAQ:HOTT) was in focus of investors and it was showing bullish movement during the previous trade.
The Gap Inc. (NYSE:GPS) unveiled that its Board of Directors has approved a plan to raise the annual dividend per share by 20 percent, from fiscal year 2012 $0.50 to fiscal year 2013 $0.60. The company announced the dividend of the 1st quarter of $0.15 per share, it will be payable on 1st May, 2013, to shareholders of record on 10th April, 2013.
Can GPS Show a Strong Recovery? Find out in This Research Report
Services Sector stock showing upward movement during prior trade, The Gap Inc. (NYSE:GPS) reported the upsurge of 0.33% and closed at $36.65 with the total traded volume of 3,834,400 shares. The stock’s opening price was $36.42. The company has a total of 480.00 million outstanding shares and its total market capitalization is $17.59 billion.
The 52-week price range of the stock remained $24.97 – $37.85, while during last trade its minimum price was $36.42 and it gained its highest price of $36.80. Company’s last 5 days shows an uptrend with the climb of 8.21%.
What Are GPS’s Charts Signaling for Traders? Find Out Here
Hot Topic, Inc. (NASDAQ:HOTT) announced its results for its fiscal 4th Q and fiscal year of 2012. The net income of the company remained $12.1 million, or $0.29 per share, for the fiscal 4th Q, in comparison to the prior year fiscal 4th Q net income of $9.0 million, or $0.21 per share.
Apparel Stores company showing positive momentum during the previous trade, Hot Topic, Inc. (NASDAQ:HOTT) reported the upsurge of 0.07% after opening at the price of $13.85. Its closing price for the day was $13.85.
Should HOTT be a Buy or Sell Now? Find Out Here
HOTT’s total trading volume for the day was 3,519,600 shares, versus its average volume of 1.82 million shares. Company’s current market capitalization stands at $586.01 million along with 42.31 million shares.
Hot Topic’s earnings per share is $0.38. If we look at the previous 5 day’s performance of the stock, it remained optimistic with the gain of 27.89%. In its last one month’s trade it jumped 27.36%.
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