Consumer Discretionary Stocks Review -- Research on NIKE, Coldwater Creek, Wolverine World Wide, and Deckers Outdoor Editor Note: For more information about this release, please scroll to bottom.
LONDON, April 7, 2014 /PRNewswire/ --
The trading session on Friday, April 04, 2014 ended on a negative note as the Dow Jones Industrial Average finished at 16,412.71, down 0.96%, and the NASDAQ Composite closed at 4,127.73, down 2.60%. The S&P 500 finished the session 1.25% lower at 1,865.09. The losses were broad based as nine out of ten sectors posted losses. The S&P 500 Consumer Discretionary Sector Index finished the day 1.71% lower at 512.46, and the same has declined 2.56% in the previous three months. Investor-Edge has initiated coverage on the following equities: NIKE Inc. (NYSE: NKE), Coldwater Creek Inc. (NASDAQ: CWTR), Wolverine World Wide Inc. (NYSE: WWW) and Deckers Outdoor Corp. (NASDAQ: DECK). Free technical research on NKE, CWTR, WWW and DECK can be downloaded upon signing up at:
NIKE Inc.'s shares finished the session 1.55% lower at $72.84. A total of 4.87 million shares were traded, which is below the three months average volume of 4.01 million shares. The stock fluctuated between $72.52 and $74.50 during the session. The company's shares traded at a PE ratio of 24.53. NIKE Inc.'s stock has fallen by 2.08% in the previous three trading sessions, 6.88% in the last one month and 7.38% on YTD basis. The stock is trading below its 50-day moving average. NIKE Inc.'s 50-day moving average of $75.39 is above its 200-day moving average of $72.07. Furthermore, the stock has a Relative Strength Index (RSI) of 34.24. Sign up today to read free research on NKE at:
On Friday, shares in Coldwater Creek Inc. fell by 16.10% to close the day at $0.24. The stock recorded a trading volume of 3.23 million shares as compared to a three months average volume of 0.75 million shares. The stock oscillated between $0.20 and $0.30 during the trading session. Coldwater Creek Inc.'s shares have gained 4.91% in the previous three trading sessions, while the same has declined 69.87% in the last one month and 68.48% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $0.71 and $1.39, respectively. Additionally, the stock has an RSI of 27.66. Sign up today to read free research on CWTR at:
Shares in Wolverine World Wide Inc. reported a trading volume of 0.80 million shares, as compared with a three months average volume of 1.08 million shares. The stock ended the day at $27.43, down 2.04% and at an intraday range of $27.37 and $28.37. The company's shares traded at a PE ratio of 19.70. Wolverine World Wide Inc.'s shares have advanced 1.78% in the last month, while the stock has fallen by 3.14% in the previous three trading sessions and 19.23% on YTD basis. The stock is trading above its 50-day moving average. Wolverine World Wide Inc.'s 200-day moving average of $29.10 is above its 50-day moving average of $27.24. Further, the stock has an RSI of 45.59. Sign up today to read free research on WWW at:
Deckers Outdoor Corp.'s stock recorded a trading volume of 1.16 million shares, as compared with a three months average volume of 1.29 million shares. The stock ended the day at $79.98, up 0.93%, after vacillating between $79.44 and $82.10. Shares of the company traded at a PE ratio of 19.19. Deckers Outdoor Corp.'s shares have gained 5.14% in the last one month, while the same has declined 1.37% in the previous three trading sessions and 5.30% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $78.52 and $69.81, respectively. Additionally, shares of the company have an RSI of 56.19. Sign up today to read free research on DECK at:
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