Trade Report: Today, Gordmans Stores Inc. (GMAN) Set to Announce Earnings on Wednesday

Today, Gordmans Stores Inc. (GMAN) Set to Announce Earnings on Wednesday

Gordmans Stores Inc. (NASDAQ:GMAN) is scheduled to release its Q316 earnings data on Wednesday, November 30th.

Shares of Gordmans Stores Inc. (NASDAQ:GMAN) opened at 0.79 on Tuesday. Gordmans Stores Inc. has a 52 week low of $0.72 and a 52 week high of $3.24. The firm’s market capitalization is $15.39 million. The firm’s 50-day moving average price is $0.80 and its 200 day moving average price is $1.17.

A hedge fund recently raised its stake in Gordmans Stores stock. Skandinaviska Enskilda Banken AB publ increased its stake in Gordmans Stores Inc. (NASDAQ:GMAN) by 7.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,643,849 shares of the company’s stock after buying an additional 181,814 shares during the period. Skandinaviska Enskilda Banken AB publ owned 13.61% of Gordmans Stores worth $3,411,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 27.23% of the company’s stock.

Separately, Zacks Investment Research cut Gordmans Stores from a “hold” rating to a “sell” rating in a research report on Wednesday, August 24th.

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