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Actionable news in SKX: SKECHERS U.S.A. Inc,

Today's Dead Cat Bounce Stock Is Skechers USA (SKX)

Trade-Ideas LLC identified Skechers USA ( SKX) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Skechers USA as such a stock due to the following factors:

  • SKX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $228.4 million.
  • SKX has traded 482,966 shares today.
  • SKX is up 3.6% today.
  • SKX was down 31.5% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in SKX with the Ticky from Trade-Ideas. See the FREE profile for SKX NOW at Trade-Ideas More details on SKX: Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children, as well as performance footwear for men and women under the Skechers GO brand name worldwide. SKX has a PE ratio of 34. Currently there are 7 analysts that rate Skechers USA a buy, no analysts rate it a sell, and none rate it a hold. The average volume for Skechers USA has been 3.8 million shares per day over the past 30 days. Skechers USA has a market cap of $5.7 billion and is part of the consumer goods sector and consumer non-durables industry. The stock has a beta of 1.30 and a short...