What’s happening at Skechers U.S.A., Inc. (NYSE:SKX)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 4.06% (or 1.68 points) to $43.08 from its previous close of $41.40. So is it the right moment to buy?
The shares had an increased trading volume of 2,087,743 contracts this session compared to the average daily volume of last 10 days of 1,739,575 contracts and they had an increased trading volume compared to the average daily volume of last 3 months of 1,495,689 contracts.
The indicator of a company’s profitability, the earnings per share ratio is 2.16. This value shows how much money a company makes for each share of its stock. A higher EPS indicates more value because investors will pay more for a company with higher profits. This is positive and tells you exactly how much money the company earned per share of its 133.9M outstanding stock.
The closing market price for this trading session was 100.84% over 52 weeks minimum price of $21.45 and 0.21% under 52 weeks maximum price of $43.17. Also the price is 21.11% greater than 200 day average of $35.57 and 7.61% greater than 50 day average of $40.04.
Latest news that might have contributed to the great perfomance of SKX today are:
- Skechers will benefit from the U.S.-China trade deal: UBS, published on Wed, 18 Dec 2019 18:27:00 +0000
- Dow Jones Gains On President Trump's Impeachment Day; FedEx Dives On Earnings, published on Wed, 18 Dec 2019 15:16:14 +0000
- Vegan sneakers: The next plant-based craze?, published on Mon, 16 Dec 2019 17:54:17 +0000