Boston, MA 06/04/2013 (wallstreetpr) – The shares of Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) had surged by 57.38 percent to close at $3.73 per share for the end of last trading session on Monday. The shares of the specialty retailer had been trading in the range of $2.44 to $4.60 per share during the day, before closing at $1.36 higher than the previous close on Friday. The shares of Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) had recorded 52 week low price level of $1.41 per share and 52 week high price level of $20.41 per share.
Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) operates through its wholly owned subsidiary and is involved in the specialty retail sales with primary focus on house owners who require repair, maintenance and home improvement services. The company provides wide range of equipment categories for repair and maintenance, lawn and garden and in home products.
Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) is planning to reopen its renovated and improved hardware stores at Van Nuys, California on June 08, 2013 which would thereby increase the number of stores operated and owned by the company to a total of 17. The retailer plans to increase this number to a total of 20 stores in the new renovated format in the United States by the end of this fiscal year.
The shares of Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) had been trading in heavy volumes on Monday with nearly 3.46 million shares being exchanged hands, while the trading volume is at 223,444 shares per day.
