Deckers Outdoor Corporation (DECK) : Traders are bullish on Deckers Outdoor Corporation (DECK) as it has outperformed the S&P 500 by a wide margin of 6.6% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.35%, 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 4.41% in the last 1 week, and is up 7.7% 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 6.11% and the 50-Day Moving Average is 12.84%. Deckers Outdoor Corporation (NYSE:DECK): stock turned positive on Friday. Though the stock opened at $66.3, the bulls momentum made the stock top out at $67.64 level for the day. The stock recorded a low of $65.877 and closed the trading day at $67.01, in the green by 1.07%. The total traded volume for the day was 687,483. The stock had closed at $66.3 in the previous days trading.
The company Insiders own 1.9% of Deckers Outdoor Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.45% . During last six month period, the net percent change held by insiders has seen a change of -1.45%. Also, Susquehanna initiates coverage on Deckers Outdoor Corporation (NYSE:DECK) . The global brokerage major announces a current price target of $19 per share. Analysts at the Susquehanna have a current rating of Neutral on the shares. The rating by the firm was issued on August 12, 2016.
Deckers Outdoor Corporation (Deckers) offers footwear, apparel and accessories. The Companys segments include operations of Deckers brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions; E-Commerce business, and retail store business. It sells its UGG footwear and accessories through department stores, independent specialty retailers and online retailers. The Company sells Teva footwear through specialty outdoor and sporting goods retailers. It sells Sanuk footwear through independent action sports retailers, outdoor retailers, specialty footwear retailers and national retail chains. The Company sells other brands at specialty running stores, department stores, outdoor specialty accounts, independent specialty retailers, and through online retailers. It operate its E-Commerce business through Uggaustralia.com, Teva.com, Sanuk.com, Ahnu.com, Hokaoneone.com, Mozo.com and Tsubo.com Websites. Its retail stores segment operates UGG concept stores and UGG outlet stores.