Gordmans files for bankruptcy, plans to liquidate all stores

(NASDAQ:GMAN) is at 16.82. This rating was issued on 3/21/16.

Gordmans stock has crashed to six cents-per-share.

05/22/2015 – Gordmans Stores, Inc. had its “neutral” rating reiterated by analysts at Robert W. Baird. There may be various price targets for a stock.

Efficiency or profitability analysis gives an appropriate idea for investment decision; Gordmans Stores, Inc. A notice on the Gordman’s website says the stores are open for business as usual. The 1-year price target of the company is 4.

Several sell side analysts reviewed their recommendations on Gordmans Stores, Inc. Sales fell 75% in the past year alone, and in January, the company announced an unspecified number of job cuts amid “the current sluggish retail environment”. (NASDAQ:GMAN) could bring EPS of $-0.27/share. This shows a surprise factor of 7.4%. The company said in the court papers that such a sale would include “furniture, furnishings, trade fixtures, machinery, equipment, office supplies, conveyor systems, racking, rolling stock, improvements and other property”.

If we look at stock performance in last active day trading, we see that stock has moved slumped -0.06% to end the day at $852.46.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance.

10/01/2013 – Gordmans Stores, Inc. was downgraded to “hold” by analysts at TheStreet. There was a stock decrease by -34.78 percent. The company reached a 52-week low at 0.05 on Mar 13, 2017.

The stock is now showing YTD performance of -89.13 Percent.