Skechers U.S.A. Inc. (NYSE:SKX) traded at a new 52-week high today of $55.87. So far today approximately 2.7 million shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares.
Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women’s shoes, men’s shoes, girl’s shoes, boy’s shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company’s operating segments include Domestic Wholesale, International Wholesale, and Direct-to-Consumer. It generates maximum revenue from the International Wholesale segment.
Skechers U.S.A. Inc. share prices have moved between a 52-week high of $55.87 and a 52-week low of $28.03 and are now trading 96% above that low price at $54.91 per share.
Based on a current price of $54.91, Skechers U.S.A. Inc. is currently 37.2% above its average consensus analyst price target of $34.50.
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