Joe’s Jeans, Inc 3 Months Price Target Q1 2011

Feb. 14, 2011 - PRLog -- Recent price: 1.12$
P/E Ratio: 29.30
3 months Target Price: See full free report

Company Description
Joe's Jeans Inc. ("Joe's") designs, sources and distributes its Joe's® and Joe's Jeans™ branded apparel products to over 1,200 retail doors in the U.S. and abroad. With its competitive advantages and industry expertise in denim-wear and denim-related products, Joe's produces one of the most recognized and sought-after premium denim brands in the world. Joe's products are designed internally and sourced to specification from suppliers primarily located in the U.S., Mexico and Morocco. Finished goods are then distributed directly to Joe's customers from its distribution center in Los Angeles. Joe's maintains third party showrooms in New York and Los Angeles to showcase its Joe's® and Joe's Jeans™ products for its customers. Joe's has recently has opened a branch office in Paris to distribute its products in Europe.

Recommendation
Because of poor quarterly and year-end results, JOEZ has been punished by its investors in the means of a huge oversell. The RSI just got over the oversold position and the MACD has bottomed. Investors were anxiously waiting for the final results of the company and they proved very disappointing. This seems to be the bottom and now might be the right time to buy for the coming quarter.

For the complete free report, please visit:
http://www.investingconsultantresearch.com/2011/02/joes-j...

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