Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Destination Maternity (DEST) Stock Price

News stories about Destination Maternity (NASDAQ:DEST) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Destination Maternity earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.0155156589489 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news stories that may have impacted Accern Sentiment’s rankings:

Shares of Destination Maternity (NASDAQ:DEST) traded up $0.18 during trading on Friday, hitting $2.56. The company’s stock had a trading volume of 108,602 shares, compared to its average volume of 134,581. Destination Maternity has a 12 month low of $1.02 and a 12 month high of $7.23. The company has a quick ratio of 0.27, a current ratio of 1.48 and a debt-to-equity ratio of 0.46.

Destination Maternity (NASDAQ:DEST) last issued its quarterly earnings results on Thursday, September 7th. The company reported ($0.13) EPS for the quarter. The company had revenue of $98.28 million for the quarter. Destination Maternity had a negative net margin of 11.02% and a negative return on equity of 14.09%.

In related news, major shareholder Invest S.A. Yeled acquired 87,353 shares of the stock in a transaction on Sunday, December 10th. The shares were purchased at an average price of $8.22 per share, for a total transaction of $718,041.66. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 2.70% of the stock is currently owned by company insiders.

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Destination Maternity Company Profile

Destination Maternity Corporation, formerly Mothers Work, Inc is a designer and retailer of maternity apparel in the United States. The Company operates a chain of maternity apparel specialty stores. The Company operates through the design, manufacture, and sale of maternity apparel and related accessories segment.

Insider Buying and Selling by Quarter for Destination Maternity (NASDAQ:DEST)

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