Blue Apron Holdings, Inc. (APRN) Reaches $2.58 After 4.00% Up Move; Cgi Group (GIB) Sellers Decreased By 3.37% Their Shorts

May 7, 2018 - By Adrian Mccoy

CGI Group Inc. (NYSE:GIB) Logo

The stock of Blue Apron Holdings, Inc. (NYSE:APRN) is a huge mover today! The stock increased 5.74% or $0.14 during the last trading session, reaching $2.58. About 5.24 million shares traded or 34.67% up from the average. Blue Apron Holdings, Inc. (NYSE:APRN) has 0.00% since May 7, 2017 and is . It has underperformed by 11.55% the S&P500.The move comes after 8 months positive chart setup for the $494.77M company. It was reported on May, 7 by Barchart.com. We have $2.68 PT which if reached, will make NYSE:APRN worth $19.79 million more.

Cgi Group Inc (NYSE:GIB) had a decrease of 3.37% in short interest. GIB’s SI was 2.14 million shares in May as released by FINRA. Its down 3.37% from 2.21M shares previously. With 230,400 avg volume, 9 days are for Cgi Group Inc (NYSE:GIB)’s short sellers to cover GIB’s short positions. The SI to Cgi Group Inc’s float is 1.05%. The stock increased 0.30% or $0.18 during the last trading session, reaching $60.05. About 77,653 shares traded. CGI Group Inc. (NYSE:GIB) has risen 21.44% since May 7, 2017 and is uptrending. It has outperformed by 9.89% the S&P500.

More important recent Blue Apron Holdings, Inc. (NYSE:APRN) news were published by: Benzinga.com which released: “Is The Street Finding An Appetite For Blue Apron?” on May 04, 2018, also Investorplace.com published article titled: “7 High-Growth, High-Risk Stocks to Invest In Right Now”, Streetinsider.com published: “Pre-Open Movers 05/03: (NSIT) (TPX) (APRN) Higher; (AKAO) (PACB) (TSLA) Lower (more…)” on May 03, 2018. More interesting news about Blue Apron Holdings, Inc. (NYSE:APRN) was released by: Seekingalpha.com and their article: “Uber Eats gobbles up market share” with publication date: April 19, 2018.

Among 4 analysts covering Blue Apron (NYSE:APRN), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Blue Apron had 5 analyst reports since August 18, 2017 according to SRatingsIntel. Barclays Capital downgraded the stock to “Underweight” rating in Friday, November 3 report. The stock of Blue Apron Holdings, Inc. (NYSE:APRN) earned “Hold” rating by Stifel Nicolaus on Friday, August 18. The stock of Blue Apron Holdings, Inc. (NYSE:APRN) has “Outperform” rating given on Friday, November 3 by RBC Capital Markets. RBC Capital Markets downgraded Blue Apron Holdings, Inc. (NYSE:APRN) rating on Friday, December 1. RBC Capital Markets has “Sector Perform” rating and $4 target. Oppenheimer reinitiated Blue Apron Holdings, Inc. (NYSE:APRN) on Monday, August 21 with “Perform” rating.

Blue Apron Holdings, Inc. operates an e-commerce marketplace that delivers original recipes and fresh ingredients for making home cooking accessible. The company has market cap of $494.77 million. It provides original recipes with the pre-portioned ingredients to complement tastes and lifestyles of college graduates, young couples, families, singles, and empty nesters. It currently has negative earnings. The firm also offers Blue Apron Wine, a direct-to-consumer wine delivery service that sells wines, which can be paired with its meals; and sells beef, poultry, and lamb products under the BN Ranch brand name.

CGI Group Inc. provides information technology and business process services in Canada and internationally. The company has market cap of $16.91 billion. It offers agile, business transformation, change management, CIO advisory, cybersecurity, data analytics, digital enterprise, project management, and industry-specific business consulting services; application development and maintenance, portfolio management, quality assurance and testing, modernization, and migration services; business-to-business and customer activities support, purchase management, revenue management, and supplier payment services; and data center facilities and management, technical service desk, printing and document management, remote infrastructure, transformation, storage as a service, data vaulting, disaster recovery and archiving as a service, bottomless edge-to-core storage, and file sync and share as a service, as well as infrastructure solutions and consulting services. It has a 22 P/E ratio. The firm also provides IT outsourcing services; and data analytics, enterprise application integration, enterprise architecture and content management, enterprise resource planning , and geospatial solutions.

More recent CGI Group Inc. (NYSE:GIB) news were published by: Seekingalpha.com which released: “CGI Group (GIB) Q2 2018 Results – Earnings Call Transcript” on May 02, 2018. Also Benzinga.com published the news titled: “Earnings Scheduled For May 2, 2018” on May 02, 2018. Prnewswire.com‘s news article titled: “MEYER WERFT selects CGI to advance its global growth strategy through IT modernization” with publication date: April 09, 2018 was also an interesting one.

Blue Apron Holdings, Inc. (NYSE:APRN) Ratings Chart

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