Finance

Stock Touched New Lows: American Eagle Outfitters (NYSE:AEO), KBR (NYSE:KBR), Veeva Systems Inc (NYSE:VEEV), The Wet Seal (NASDAQ:WTSL)

American Eagle Outfitters (NYSE:AEO) Factory Store has completed renovations of its new home at Concord Mills mall. The retailer sells clothing, accessories and personal-care products for young men and women. American Eagle Outfitters (NYSE:AEO) stock performance was -1.02% in last session and finished the day at $12.67. Traded volume was 4,189,985 million shares in the last session and the average volume of the stock remained 5.66 million shares. The beta of the stock remained 1.05. American Eagle Outfitters (NYSE:AEO) insider ownership is 0.90%.

KBR (NYSE:KBR) was downgraded by analysts at Goldman Sachs from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday, Stock Ratings Network reports. KBR, Inc. (NYSE:KBR) dropped -2.19 percent to $26.78 yesterday on volume of 3.57million shares. The intra-day range of the stock was $26.64 to $27.48. KBR, Inc. (NYSE:KBR) has a market capitalization of $ 3.97 billion.

Veeva Systems Inc. (NYSE:VEEV) announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed public offering of shares of its Class A common stock. A portion of the shares to be sold in the offering will be sold by Veeva Systems, and a portion of the shares will be sold by existing stockholders of the company. Veeva Systems Inc (NYSE:VEEV)’s stock on Mar 25, 2014 reported a decrease of -0.44% to the closing price of $27.27. Its fifty two weeks range is $26.64 -$49.00. The total market capitalization recorded $3.40 billion. The overall volume in the last trading session was 2,542,790 million shares. In its share capital, Veeva Systems Inc (NYSE:VEEV) has 122.58 million outstanding shares.

Wet Seal (NASDAQ:WTSL) had its price target reduced by UBS AG to $2.10 in a research report sent to investors on Monday morning, TheFlyOnTheWall.com reports. The firm currently has a sell rating on the stock. On Tuesday, shares of The Wet Seal, Inc. (NASDAQ:WTSL) dropped -11.90% to close the day at $1.11. Company return on investment (ROI) is -88.00% and its monthly performance is recorded as -38.67%. The Wet Seal, Inc. (NASDAQ:WTSL) quarterly revenue growth is -57.95%.