Pre-Market Analysis: Coach Inc., Nike Inc., Deckers Outdoor Corp., and Iconix Brand Group Inc.
LONDON, November 22, 2013 /PRNewswire/ --
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The U.S. equity market posted gains on Thursday, November 21, 2013. The S&P 500 ended the day at 1,795.85, up 0.81%; the Dow Jones Industrial Average closed at 16,009.99, up 0.69%; and the NASDAQ Composite finished at 3,969.16, up 1.22%. Shares in the textile - apparel footwear and accessories industry ended on a positive note, tracking gains in the broader market. The major movers in the industry included Coach Inc. (NYSE: COH), NIKE Inc. (NYSE: NKE), Deckers Outdoor Corp. (NASDAQ: DECK), and Iconix Brand Group Inc. (NASDAQ: ICON). All these companies are tracked by AAAResearchReports.com. Free technical research on COH, NKE, DECK, and ICON can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
Coach Inc.'s shares advanced on Thursday, tracking gains in the broader market. The company's shares closed at $53.97, up 0.97%, after oscillating between $53.21 and $54.13 during the trading session. A total of 3.21 million shares were traded, which is below the daily average volume of 3.88 million. The company's shares have advanced 3.13% in the previous three months, underperforming the S&P 500, which has gained 9.32% during the same period. Additionally, Coach Inc.'s stock is trading above its 50-day and 200-day moving averages of $53.20 and $53.92, respectively. Sign up and read the complimentary report on COH at:
http://www.AAAResearchReports.com/COH112213.pdf
On Thursday, shares in NIKE Inc. finished at $78.09, which is 0.32% higher than the previous day's closing price of $77.84. The company's shares oscillated between $77.41 and $78.22 during the trading session. A total of 2.33 million shares were traded, which is below the daily average volume of 4.00 million. NIKE Inc.'s shares have surged 21.77% in the previous three months, outperforming the S&P 500, which has gained 9.32% during the same period. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages of $73.81 and $64.39, respectively. The free report on NKE can be downloaded by signing up now at:
http://www.AAAResearchReports.com/NKE112213.pdf
Deckers Outdoor Corp.'s stock rose 1.31% on Thursday, tracking gains in the US equity market. The company's shares oscillated between $76.92 and $78.35 before closing the day at $78.05. A total of 0.73 million shares were traded, which is below the daily average volume of 1.36 million. The company's shares have rallied 30.76% in the previous three months and 34.34% in the last one month, outperforming the S&P 500, which has gained 9.32% and 2.93% during the respective periods. Moreover, Deckers Outdoor Corp.'s stock is trading above its 50-day and 200-day moving averages of $65.69 and $56.58, respectively. A free report on DECK can be accessed by registering at:
http://www.AAAResearchReports.com/DECK112213.pdf
Iconix Brand Group Inc.'s stock gained 1.52% on Thursday, closing at $38.18 after vacillating between $37.76 and $38.51 during the trading session. A total of 0.57 million shares were traded, which is at par with the daily average volume. The company's shares have surged 15.56% in the previous three months and 14.65% in the last one month, outperforming the S&P 500, which has gained 9.32% and 2.93% during the respective periods. Further, Iconix Brand Group Inc.'s stock is trading near its 52-week high of $39.06 and also above its 50-day and 200-day moving averages of $34.51 and $30.26, respectively. Register with AAA Research Reports and download research on ICON for free at:
http://www.AAAResearchReports.com/ICON112213.pdf
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SOURCE AAA Research Reports
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