Mississauga, ON -- (SBWIRE) -- 03/24/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Hampshire Group Reports Disappointing Q3 Results."
Companies mentioned in this article include Hampshire Group Limited (OTCPK:HAMP).
U.S. equities have edged lower today as investors are cautious ahead of the long weekend. Markets in the U.S. will be closed on Friday, due to the Easter Holiday.
It has been an eventful past few days for U.S. markets as investors have been assessing the Federal Reserve's monetary policy statement released last week. The Fed was surprisingly dovish last week as it predicted only two further rate hikes for this year instead of four. However, St. Louis Fed President James Bullard this week said that a rate hike could come as early as April. The conflicting signal from the Fed has led to volatility and not surprisingly market participants are being cautious right now.
Hampshire Group Limited (OTCPK:HAMP) is one the stocks in the micro cap space that is in focus. Based in Anderson, South Carolina, Hampshire Group is engaged in the apparel business. The company provides fashion apparel across a range of product categories, channels of distribution and price points. HAMP shares are trading on nearly four times their daily average volume.
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