Kate Spade & Company (KATE) Shares are Up 0.98%

Kate Spade & Company (KATE) has been under a strong bear grip, hence the stock is down -0.26% 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 1.04% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.98% in the last 1 week, and is up 3.09% 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 2.65% and the 50-Day Moving Average is 2.58%. Kate Spade & Company has dropped 15.7% during the last 3-month period . Year-to-Date the stock performance stands at 22.06%.


Kate Spade & Company (NYSE:KATE): On Fridays trading session , Opening price of the stock was $21.69 with an intraday high of $21.89. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $21.36. However, the stock managed to close at $21.69, a loss of 0.69% for the day. On the previous day, the stock had closed at $21.84. The total traded volume of the day was 1,469,452 shares.

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.

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