Boston, MA 02/06/2014 (wallstreetpr) – J.C.Peneny Company, Inc. (NYSE:JCP) has continued to slump even further this week, in active trading sessions with its shares currently marked at the $5 mark. The embattled retail chain has been struggling from reduced sales in the recent past that have greatly impacted its revenue collection resulting in a decline in net profits. Things could get worse and out of control as the company stock are trading at low margins of 10% depreciation. This week alone the shares have dropped to lows of $4.90 even though they picked up to stick to uncertain margins of $5
JCP year lows
The drop in stock prices marks a consecutive 52 week low that has left many investors worried with shareholders starting to pull out through the sale of their stocks. It is only in F2012 that J.C.Peneny Company, Inc. (NYSE:JCP) was trading at high margins of $42.68 with only two years resulting in the company losing its market capitalization by as high as 88%. Optimistic investors would essentially view this as the perfect period to buy the company stock if the company has chances of improving in the near future as long term investments.
JCP ratings
J.C.Peneny Company, Inc. (NYSE:JCP) has one of the highest debt to equity ratio at a high of 2.12 indicating increased risks associated with debt management levels on the part of the company. The company ratios stands at 0.36 a clear indication of its inadequacy to solve short term needs. The retail company is struggling with low gross profit margin that are below desirable levels coming in at 29.4% with its net operating cash dropping to -$737 million a drop of 1502.17% compared to a similar period a year ago. Things could get worse if the management team does not come up with long-term solutions
J.C.Peneny Company, Inc. (NYSE:JCP) closed Wednesday trading session at $5.22
