Skechers U.S.A. (SKX) Shares are Down -2.08%

Skechers U.S.A. (SKX) : During the past 4 weeks, traders have been relatively bearish on Skechers U.S.A. (SKX), hence the stock is down -25.47% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.5% relative to the S&P 500. The 4-week change in the price of the stock is -23.61% and the stock has fallen -2.08% in the past 1 week.

Skechers U.S.A. (NYSE:SKX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.64 and $23.47 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.52, notching a gain of 0.43% for the day. The total traded volume was 2,218,872 . The stock had closed at $23.42 on the previous day.

The stock has recorded a 20-day Moving Average of 16.01% and the 50-Day Moving Average is 19.14%. Skechers U.S.A., Inc. has dropped 25.17% during the last 3-month period . Year-to-Date the stock performance stands at -22.14%.

Skechers U.S.A. (SKX) : The consensus price target for Skechers U.S.A. (SKX) is $36.88 for the short term with a standard deviation of $10.06. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $54, however, the pessimist price target for the company is $24.


Skechers U.Skechers U.S.A., Inc. is a designer and marketer of Skechers-branded lifestyle footwear for men, women and children, and performance footwear for men and women under the Skechers GO brand name. The Companys brands are sold through department and specialty stores, athletic and independent retailers, boutiques and internet retailers. In addition to wholesale distribution, its footwear is available at its e-commerce site and its own retail stores. As of February 15, 2015, the Company owned and operated 119 concept stores, 146 factory outlet stores and 98 warehouse outlet stores in the United States, and 51 concept stores, 33 factory outlet stores, and three warehouse outlet stores internationally.

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