CSS Industries, Inc. (CSS) Draws Bearish Attention After Forming H&S

January 20, 2018 - By Nellie Frank

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 1.29, from 2.44 in 2017Q2. It worsened, as 6 investors sold CSS Industries, Inc. shares while 21 reduced holdings. 9 funds opened positions while 22 raised stakes. 7.45 million shares or 0.16% less from 7.46 million shares in 2017Q2 were reported.
Sg Americas Ltd Liability Co has 9,222 shares for 0% of their portfolio. Metropolitan Life Co reported 0% in CSS Industries, Inc. (NYSE:CSS). Brandywine Global Investment Management Limited invested in 5,545 shares or 0% of the stock. Dimensional Fund L P invested in 0.01% or 742,806 shares. Kbc Group Nv reported 5,072 shares. Morgan Stanley accumulated 33,467 shares or 0% of the stock. State Street Corporation reported 260,201 shares. Manufacturers Life Insurance The holds 8,473 shares. California Pub Employees Retirement System has invested 0% in CSS Industries, Inc. (NYSE:CSS). Deutsche Retail Bank Ag holds 0% or 14,834 shares in its portfolio. Virginia Retirement Et Al, Virginia-based fund reported 7,200 shares. 215 are held by Meeder Asset Mgmt Incorporated. Walthausen Co invested in 0.78% or 289,661 shares. Geode Management stated it has 67,656 shares or 0% of all its holdings. Bnp Paribas Arbitrage accumulated 0% or 994 shares.

The stock of CSS Industries, Inc. (CSS) formed H&S with $26.73 target or 3.00 % below today’s $27.56 share price. The 7 months Head & Shoulders indicates high risk for the $251.12 million company. It was reported on Jan, 20 by Faxor.com. If the $26.73 price target is reached, the company will be worth $7.53 million less.
Head-and-shoulders are one of the best chart patterns to trade. They work in bear and bull markets and according to many researchers have very low failure rate. Even thought they have high pullback rate, such patters usually provide good risk-reward entry opportunities. The percentage of stocks meeting price targets is 55%.

The stock increased 1.58% or $0.43 during the last trading session, reaching $27.56. About 46,315 shares traded or 9.15% up from the average. CSS Industries, Inc. (NYSE:CSS) has declined 5.69% since January 20, 2017 and is downtrending. It has underperformed by 22.39% the S&P500.

More notable recent CSS Industries, Inc. (NYSE:CSS) news were published by: Seekingalpha.com which released: “CSS Industries’ (CSS) CEO Chris Munyan on Q2 2018 Results – Earnings Call …” on November 08, 2017, also Seekingalpha.com with their article: “CSS Industries acquires Simplicity Creative Group” published on November 03, 2017, Seekingalpha.com published: “CSS Industries: Cheap But Not Cheap Enough” on July 12, 2017. More interesting news about CSS Industries, Inc. (NYSE:CSS) were released by: Businesswire.com and their article: “CSS Industries Reports Fiscal 2018 Second Quarter Results” published on November 07, 2017 as well as Seekingalpha.com‘s news article titled: “CSS Industries Might Look Cheap At 10.5x TTM P/E But The Business Is In Decline” with publication date: September 26, 2017.

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