Kate Spade & Company (KATE) has been under a strong bear grip, hence the stock is down -2.39% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.38% in the past 1 week. The stock has risen by 2.93% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.37% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.02% and the 50-Day Moving Average is 5.09%.The 200 Day SMA reached 9.22% Kate Spade & Company has dropped 10% during the last 3-month period . Year-to-Date the stock performance stands at 4.78%.
Kate Spade & Company (KATE) : The most positive equity analysts on Kate Spade & Company (KATE) expects the shares to touch $29, whereas, the least positive believes that the stock will trade at $18 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $21.89 with an expected fluctuation of $3.37 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Kate Spade & Company (NYSE:KATE): stock was range-bound between the intraday low of $18.41 and the intraday high of $18.7262 after having opened at $18.65 on Fridays session. The stock finally closed in the red at $18.65, a loss of -1.22%. The stock remained in the red for the whole trading day. The total traded volume was 1,473,179 shares. The stock failed to cross $18.7262 in Fridays trading. The stocks closing price on Thursday was $18.62.
Kate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. The Company operates through three segments: KATE SPADE North America, KATE SPADE International and Adelington Design Group. KATE SPADE North America segment consists of the Companys kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in North America. KATE SPADE International segment consists of the Companys kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in International markets. Adelington Design Group segment consists of exclusive arrangements to supply jewelry for the LIZ CLAIBORNE and MONET brands; the wholesale apparel and wholesale non-apparel operations of the licensed LIZWEAR brand and other brands, and the licensed LIZ CLAIBORNE NEW YORK brand. The Company operates specialty retail stores, outlet stores and concession stores.