Stein Mart Inc. Has Re-Crossed Its 200-Day Moving Average

Stein Mart Inc. (SMRT) reported fourth quarter EPS of $0.19 Thursday morning, which topped the consensus estimate of $0.17.

Stein Mart Inc. gapped open higher Thursday and has continued to rise on above average volume. Shares are now up 0.94 at $10.39 and have climbed to over a 2-month high. The stock has also re-crossed its 200-day moving average.

by RTTNews Staff Writer

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