Shares of Wolverine World Wide Inc. (NYSE:WWW) traded today at $42.63, eclipsing its 52-week high. This new high was reached on below average trading volume as 136,000 shares traded hands, while the average 30-day volume is approximately 441,000 shares.
Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing and distributing branded footwear, apparel and accessories. The company’s portfolio of brands is organized into the two operating segments of, Wolverine Michigan Group, which is the key revenue-generating segment, consisting of Merrell footwear and apparel, Cat footwear, Wolverine footwear and apparel, Chaco footwear, Hush Puppies footwear and apparel, Bates uniform footwear, Harley-Davidson footwear and Hytest safety footwear; and Wolverine Boston Group, consisting of Sperry footwear, Saucony footwear and apparel, Keds footwear and the Kids’ footwear business. It derives prime revenue from the United States.
Wolverine World Wide Inc. share prices have moved between a 52-week high of $42.63 and a 52-week low of $15.56 and are now trading 168% above that low price at $41.77 per share.
Wolverine World Wide Inc. (NYSE:WWW) is currently priced 0.3% above its average consensus analyst price target of $41.65.
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