Boston, MA 06/03/2013 (wallstreetpr) – The share prices of Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) had gained by 30.94 percent to close at $2.37 per share for the last trading session. The shares of the specialty retailer company had been trading in the range of $1.82 to $2.41 per share during the day. 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, Orchard Supply Hardware Inc. and other directly or indirectly owned subsidiaries. The company is a specialty retailer involved in providing for the repair, maintenance and improvement needs of home owners. Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) provides a merchandise mix of product categories such as repair and maintenance, lawn and garden and in – home products.
Reopening of California stores
Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) had planned to reopen its Van Nuys, California stores on June 08, 2013 which would take the company’s neighborhood format stores to 17 and it is expected to reach a total of 20 stores in the new format by this end of fiscal year.
The shares of Orchard Supply Hardware Stores Corp. (NASDAQ:OSH) had been trading in heavy volumes with 878,019 shares being exchanged hands in the last trading session on Friday, while the average trading volume of the company is at 223,444 shares per day. The retailer company presently has 10.84 million shares outstanding with an institutional ownership of 24 percent.
