Dallas, Texas 04/25/2014 (FINANCIALSTRENDS) – J.C. Penney Company, Inc. (NYSE:JCP) has been one of the lead players on the retail store segment, which in past the few quarters has been losing some of the sluggishness, it showed earlier.
The company is hoping to make a very quick move forward, with revised store plans and generalized cost cutting operations, besides, reviving some of the brands and goods which had made J.C. Penney Company, Inc. (NYSE:JCP) the success that it was once.
J.C. Penney Company, Inc. (NYSE:JCP) has a market capital of $2.478 billion and trades on the stock market at prices which range between $8.03 low and $8.20 high. The 52 week trading price for this stock ranges between $19.63 high and $4.90 low. The stock price, opened at $8.16 per share at the start of the trading session.
J.C. Penney Company, Inc. (NYSE:JCP) holds total outstanding shares of 304.69 million and beta is 2.02. EPS is -6.07. JCP has been in the business of selling goods as well as services to consumers through a series of department stores as well as internet websites which operates through the jcp.com portal.
J.C. Penney Company, Inc. (NYSE:JCP) will operate through its 1,104 department stores, in the US, Alaska as well as Puerto Rico, over 329 owned as well as 123 stores which are yet in the lease stages.
JCP has been selling wide variety footwear as well apparel for the family and accessories which are built for fine fashion jewelry. It also has a series of brand names for the sale of beauty products such as Sephora with the concept of a store with in the JC Penny store. Home furnishings are another section of the segment this company has been known to support.
It also has a series of department stores where customers will provide a variety of services for optical photography to customized decoration services to salons which offer dedicated styling services.