Shares of Abercrombie & Fitch Company (NYSE:ANF) traded today at $38.81, eclipsing its 52-week high. So far today approximately 348,000 shares have been exchanged, as compared to an average 30-day volume of 1.6 million shares.
Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.
Over the past year, Abercrombie & Fitch Company has traded in a range of $8.79 to $38.81 and is now at $38.66, 340% above that low.
Abercrombie & Fitch Company (NYSE:ANF) is currently priced 2.5% above its average consensus analyst price target of $37.70.
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