Skechers U S A, Inc. saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $75.09 on 06/12/24, while the lowest price for the same duration was marked at $45.58 on 10/27/23.
52-week price history of SKX Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Skechers U S A, Inc.’s current trading price is -7.85% away from its 52-week high, while its distance from the 52-week low is 51.81%. The stock’s price range during this period has spanned from $45.58 to $75.09. In the Consumer Cyclical sector, the Skechers U S A, Inc.’s shares surpassed a trading volume of approximately 1.08 million for the day, which was noticeably lower compared to the average daily volume of 9.2.07 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Skechers U S A, Inc. (SKX) has experienced a quarterly decline of -0.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.54B and boasts a workforce of 17900 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 67.39, with a change in price of +1.58. Similarly, Skechers U S A, Inc. recorded 1,907,654 in trading volume during the last 100 days, posting a change of +2.36%.
Examining SKX’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SKX stands at 0.42. Similarly, the long-term debt-to-equity ratio is also 0.28.
SKX Stock Stochastic Average
Today, Skechers U S A, Inc.’s raw stochastic average for the past 50 days stands at 84.32%, indicating a decline from the raw stochastic average of the last 20 days, which was 90.20%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 66.78% and 50.82% respectively.
SKX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 11.00% this year. Over the last six months, there has been a weaker performance of 13.70%. The price of SKX leaped by -1.14% during the last 30 days period. For the last 5-days stocks have improved 12.40%.
