Bebe Stores Inc. Has Re-Crossed Its 200-Day Moving Average

Bebe Stores Inc. (BEBE) reported second quarter EPS of $0.03 after the close Thursday, down from $0.08 in the prior year period. The consensus estimate was for EPS of $0.01. The company expects to report a third quarter EPS loss between $0.05 and $0.00, compared to the consensus estimate of a loss of $0.03.

Bebe Stores Inc. gapped open higher Friday and has continued to rise on above average volume. Shares are currently up 1.07 at $7.35. The stock has risen to over a 3 1/2 month high and has re-crossed its 200-day moving average.

by RTTNews Staff Writer

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