Dropping The 52 Week Low, Tuesday Morning Corporation (Nasdaq:TUES) Finishing At $2.42

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Tuesday Morning Corporation (Nasdaq:TUES)

December 5th, 2018
Amidst falling markets Tuesday Morning Corporation fell $0.04 Tuesday which equals a 1.63% drop, closing at $2.42. As well as the drop in value, Tuesday Morning Corporation hit a new 52 week low of $2.36, breaking the previous low of $2.42 from earlier this month.

TUES outperformed the rest of the Consumer Discretionary sector which went down only 3.91% today.

Forecasts from 1 analyst points to the possibility that Tuesday Morning Corporation could increase significantly (57%), while Finbox has calculated (with very high uncertainty) a fair value price of $2.51.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.15%), while Financials saw the biggest drop (4.40%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector dropping 13%.

Utilities saw the biggest turnaround from its 5-day performance of 2.31%, as it went up 0.15%. Industrials and Consumer Discretionary saw turn arounds from their five day positive performance, Industrials with a drop of 4.35%.

Sector Breakdown

  • Utilities went up with a 0.15% change.
  • Real Estate went down with a -1.26% change.
  • Consumer Staples went down with a -1.63% change.
  • Healthcare went down with a -2.30% change.
  • Energy went down with a -2.93% change.
  • Materials went down with a -3.08% change.
  • Communication Services went down with a -3.14% change.
  • Information Technology went down with a -3.86% change.
  • Consumer Discretionary went down with a -3.91% change.
  • Industrials went down with a -4.35% change.
  • Financials went down with a -4.40% change.

Tuesday Morning is based in Dallas. Tuesday Morning was founded in 1974.

Tuesday Morning Corporation Info

Tuesday Morning Corporation operates as a retailer of products for the home in the United States. The company offers various products, such as upscale home textiles, home furnishings, housewares, gourmet food products, toys, and seasonal décor products. As of Aug 21, 2018, it operated approximately 715 stores in 40 states. Tuesday Morning Corporation was founded in 1974 and is headquartered in Dallas, Texas.

All amounts in USD unless otherwise indicated
TUES daily update

TUES daily update
TUES daily update

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