Quotidian Technical Highlights on Selected Textile Stocks -- Steven Madden, Crocs, Iconix Brand, and Fossil

NEW YORK, Dec. 20, 2017 /PRNewswire/ --

In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on SHOO, CROX, ICON, and FOSL which is a click away at www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on Steven Madden Ltd (NASDAQ: SHOO), Crocs Inc. (NASDAQ: CROX), Iconix Brand Group Inc. (NASDAQ: ICON), and Fossil Group Inc. (NASDAQ: FOSL). Textile – Apparel Footwear and Accessories companies design, manufacture, and retail fashion products related to footwear, along with other equipment and accessories. These companies are structured as corporations and, on average, offer average dividend yields that are in-line with the wider market. Wall St. Equities has a wide array of free research reports which include today's stock picks, register now to access them at: www.wallstequities.com/registration

Steven Madden

On Tuesday, shares in Long Island City, New York-based Steven Madden Ltd recorded a trading volume of 616,781 shares, which was above their three months average volume of 545,700 shares. The stock ended at $45.80, rising 1.78% from the last trading session. The Company's shares have gained 16.54% in the last one month, 7.26% over the previous three months, and 28.11% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 11.05% and 14.53%, respectively. Furthermore, shares of Steven Madden, which designs, sources, markets, and sells fashion-forward name brand and private label footwear for women, men, and children worldwide, have a Relative Strength Index (RSI) of 67.62. Follow the link below to your free research report on SHOO at: www.wallstequities.com/registration/?symbol=SHOO

Crocs

Niwot, Colorado headquartered Crocs Inc.'s stock finished yesterday's session 0.16% higher at $12.92. A total volume of 1.33 million shares was traded, which was above their three months average volume of 1.28 million shares. The Company's shares have surged 20.63% in the last one month, 39.68% over the previous three months, and 88.34% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 23.41% and 55.54%, respectively. Furthermore, shares of Crocs, which together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children worldwide, have an RSI of 74.22.

On December 15^th, 2017, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $8 a share to $14 a share. The free technical report on CROX can be accessed at: www.wallstequities.com/registration/?symbol=CROX

Iconix Brand Group

At the close of trading on Tuesday, shares in New York-based Iconix Brand Group Inc. saw a decline of 3.42%, ending the day at $1.41. The stock recorded a trading volume of 1.44 million shares. The Company's shares are trading 49.40% below their 50-day moving average. Moreover, shares of Iconix Brand, which owns, licenses, and markets a portfolio of consumer brands across the women's, men's, entertainment, and home industries in the US and internationally, have an RSI of 32.32. 

On December 18^th, 2017, Iconix Brand announced that current Chairman of the Board, Peter Cuneo, will assume the role of Executive Chairman of the Board of Directors, effective immediately. As Executive Chairman, Mr. Cuneo will be focused on evaluating strategic opportunities, overseeing the financial and legal functions and working towards stabilizing the Company's balance sheet. John Haugh will continue to serve as CEO and will remain focused on the core licensing and brand management functions. Sign up for free on Wall St. Equities and claim the latest report on ICON at: www.wallstequities.com/registration/?symbol=ICON

Fossil Group

Richardson, Texas headquartered Fossil Group Inc.'s shares ended the day 2.84% higher at $7.23 with a total trading volume of 1.54 million shares. The stock is trading 5.25% below its 50-day moving average. Shares of the Company, which together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories, have an RSI of 49.07. See the free research coverage on FOSL at: www.wallstequities.com/registration/?symbol=FOSL

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