Iconix Brand Group (ICON) : Traders are bullish on Iconix Brand Group (ICON) as it has outperformed the S&P 500 by a wide margin of 1.54% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.67%, 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 3.6% in the last 1 week, and is up 4.96% 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 4.58% and the 50-Day Moving Average is 0.72%. Iconix Brand Group, Inc. has dropped 15.09% during the last 3-month period . Year-to-Date the stock performance stands at 5.42%.
Iconix Brand Group (NASDAQ:ICON): stock turned positive on Friday. Though the stock opened at $7.12, the bulls momentum made the stock top out at $7.32 level for the day. The stock recorded a low of $7.0139 and closed the trading day at $7.2, in the green by 1.12%. The total traded volume for the day was 1,215,961. The stock had closed at $7.12 in the previous days trading.
Iconix Brand Group, Inc. is a brand management company and owner of a diversified portfolio of 35 global consumer brands across womens, mens, entertainment and home. The Companys brand portfolio includes Candies, Bongo, Badgley Mischka, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific (OP), Danskin, Rocawear, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Zoo York, Sharper Image, Umbro, Lee Cooper, Ecko Unltd., Marc Ecko and Strawberry Shortcake. The Company also has interest in Artful Dodger, Material Girl, Peanuts, Ed Hardy, Truth or Dare, Billionaire Boys Club, Ice Cream, Modern Amusement, Buffalo, Nick Graham, Pony and Hydraulic brands. The Company licenses its brands with respect to a range of products, including apparel, footwear, fashion accessories, sportswear, home products and decor, and beauty and fragrance, and in the case of its Sharper Image brand, consumer electronics and novelty products.