Today's Research: Coach Inc., Nike Inc., Deckers Outdoor Corp., and Iconix Brand Group Inc.
LONDON, October 10, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Wednesday, October 9, 2013, the U.S. equity market ended on a mixed note. While the S&P 500 and the Dow Jones Industrial Average gained 0.06% and 0.18% respectively, the NASDAQ Composite fell by 0.46%. Shares in the textile - apparel, footwear and accessories industry ended mostly on a higher note, even as the broader market finished on a mixed note. The major movers in the industry included Coach Inc. (NYSE: COH), NIKE Inc. (NYSE: NKE), Deckers Outdoor Corporation (NASDAQ: DECK), and Iconix Brand Group Inc. (NASDAQ: ICON). AAAResearchReports.com has completed their technical analysis on COH, NKE, DECK, and ICON and these free reports are accessible by registering at:
http://www.aaaresearchreports.com/register/
Coach Inc.'s shares edged higher on Wednesday, reversing some of the losses from the previous trading session. The company's shares vacillated between $53.13 and $54.27 before finishing the day 0.50% higher at $53.86. A total of 3.52 million shares were traded, which is above the daily average volume of 3.12 million. The company's shares have gained 0.71% in the previous one month, outperforming the S&P 500 which has lost 0.92% during the same period. Additionally, Coach Inc.'s stock is trading above its 50-day moving average of $53.63. Sign up for free technical research on COH at:
http://www.AAAResearchReports.com/COH101013.pdf
On Wednesday, NIKE Inc.'s stock ended the session 0.87% higher than the previous day's price of $70.28. The company's shares oscillated between $69.96 and $71.48 before closing the day at $70.89. A total of 4.64 million shares were traded, which is above the daily average volume of 3.92 million. The company's shares have gained 10.89% in the previous three months and 8.39% in the last one month, outperforming the S&P 500 which has gained 0.25% and lost 0.92% during the respective periods. Furthermore, NIKE Inc.'s stock is also trading above its 50-day and 200-day moving averages of $66.92 and $60.84, respectively. Be sure to read our latest technical research on NKE by registering at:
http://www.AAAResearchReports.com/NKE101013.pdf
Deckers Outdoor Corp.'s stock rose on Wednesday, even as the broader market finished on a mixed note. The company's shares vacillated between $60.11 and $62.52 before ending the day 1.42% higher at $62.15. A total of 1.67 million shares were traded, which is above the daily average volume of 0.92 million. The company's shares have gained 14.65% in the previous three months, outperforming the S&P 500 which has advanced 0.25% during the same period. Moreover, Deckers Outdoor Corp.'s stock is trading above its 50-day and 200-day moving averages of $60.33 and $52.15, respectively. Sign up and read the complimentary report on DECK at:
http://www.AAAResearchReports.com/DECK101013.pdf
On Wednesday, shares in Iconix Brand Group Inc. edged down, extending the losses from the previous trading session. The company's shares fluctuated between $31.40 and $32.13 before finishing the day 0.16% lower at $31.77. A total of 0.49 million shares were traded, which is below the daily average volume of 0.63 million. The company's shares have declined 1.00% in the previous three months, compared to a gain of 0.25% in the S&P 500 during the same period. Furthermore, Iconix Brand Group Inc.'s stock is trading above its 200-day moving average of $28.36. The free report on ICON can be downloaded by signing up now at:
http://www.AAAResearchReports.com/ICON101013.pdf
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
AAAresearchreports.com
SOURCE AAA Research Reports
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article