Wolverine World Wide (WWW) : Traders are bullish on Wolverine World Wide (WWW) as it has outperformed the S&P 500 by a wide margin of 14.91% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 10.34%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 10.27% in the last 1 week, and is up 18.77% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 9.07% and the 50-Day Moving Average is 20.52%. Wolverine World Wide Inc. is up 29.64% in the last 3-month period. Year-to-Date the stock performance stands at 47.51%.
Wolverine World Wide (NYSE:WWW): stock turned positive on Friday. Though the stock opened at $24.46, the bulls momentum made the stock top out at $24.7 level for the day. The stock recorded a low of $24.03 and closed the trading day at $24.49, in the green by 0.04%. The total traded volume for the day was 1,191,342. The stock had closed at $24.48 in the previous days trading.
Wolverine World Wide, Inc. is a designer, manufacturer and marketer of casual footwear and apparel, outdoor and athletic footwear and apparel, childrens footwear, industrial work boots and apparel, and uniform shoes and boots. The Company operates in three operating segments: Lifestyle Group, consisting of Sperry Top-Sider footwear and apparel, Stride Rite footwear and apparel, Hush Puppies footwear and apparel, Keds footwear and apparel, and Soft Style footwear; Performance Group, consisting of Merrell footwear and apparel, Saucony footwear and apparel, Chaco footwear, and Cushe footwear, and Heritage Group, consisting of Wolverine footwear and apparel, Cat footwear, Bates uniform footwear, Sebago footwear and apparel, Harley-Davidson footwear, and HyTest safety footwear. The Other category consists of the Companys multi-brand consumer-direct business, leather marketing operations, and sourcing operations that include third-party commission revenues.