Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Skechers U S A, Inc’s current trading price is -27.91% away from its 52-week high, while its distance from the 52-week low is 2.10%. The stock’s price range during this period has varied between $55.67 and $78.85. The company, active in the Consumer Cyclical sector, saw a trading volume of around 0.81 million for the day, considerably lower average daily volume of 2.27 million observed over the last three months.
Skechers U S A, Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $78.85 on 01/30/25, with the lowest value being $55.67 on 04/16/24.
How Financial Performance Impacts Market Capitalization
Skechers U S A, Inc (SKX) has experienced a quarterly decline of -17.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.49B and boasts a workforce of 20100 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 66.10, with a change in price of -10.74. Similarly, Skechers U S A, Inc recorded 2,237,140 in trading volume during the last 100 days, posting a change of -16.01%.
How SKX’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for SKX stands at 0.51. Similarly, the long-term debt-to-equity ratio is also 0.29.
SKX Stock Stochastic Average
As of today, the raw stochastic average of Skechers U S A, Inc over the past 50 days is 1.72%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 2.23%. Additionally, the Stochastic %K and %D values for the company were 10.67% and 10.63%, respectively, over the past 20 days.
SKX Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -15.47% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -15.65%. Over the past 30 days, the price of SKX has leaped by -23.61%. And in the last five days, it has fallen by -6.80%.
