J. C. Penney (JCP) is really cheap right now…
What’s up with J. C. Penney Company?
J. C. Penney Company (JCP) opened at $0.26, which means the stock is down 2.31% from yesterday’s closing price of 0.26. Today, the company has a high of $0.2614 and a low of $0.2500. The company has a market cap of $81.529 million with a 52-week high of $1.35 and a 52-week low of $0.20.
What about the future for J. C. Penney Company
The high forecast for J. C. Penney Company is 1.00 while the low is 0.20. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. J. C. Penney Company has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future.. Based on this information JCP seems to be a safe buy.
About J. C. Penney Company
J.C. Penney Corporation, Inc., American retail company, founded in 1902 by James Cash Penney and today engaged in marketing apparel, home furnishings, jewelry, cosmetics, and cookware. The company was called J.C. Penney Stores Company from 1913 to 1924, when it was reincorporated as J.C. Penney Co.