San Mateo, California headquartered GoPro Inc.'s stock finished Monday's session 0.81% lower at $9.81 with a total trading volume of 2.60 million shares. Shares of the Company, which develops and sells mountable and wearable cameras, and accessories in the US and internationally, are trading 21.45% below their 200-day moving average. The stock has a Relative Strength Index (RSI) of 22.13.
On November 8th, 2016, GoPro announced the recall of the approximately 2500 Karma drones purchased by consumers since October 23rd, 2016. The recall was announced after GoPro discovered that in a very small number of cases, Karma units lost power during operation. No related injuries or property damage have been reported. Owners of Karma can return their units to GoPro, or their place of purchase, for a full refund. Replacement units are not being offered. GoPro plans to resume shipment of Karma as soon as the issue is resolved.
On November 9th, 2016, research firm Wedbush downgraded the Company's stock rating from 'Outperform' to 'Neutral'. The research firm also revised downwards its previous target price from $12 to $9. Access our complete research report on GPRO for free at:
On Monday, shares in Carlsbad, California-based Callaway Golf Co. recorded a trading volume of 478,732 shares. The stock ended the session 0.80% lower at $12.34. The Company's shares have advanced 22.06% in the last one month, 7.68% in the previous three months, and 31.41% on an YTD basis. The stock is trading 9.24% above its 50-day moving average and 19.99% above its 200-day moving average. Moreover, shares of Callaway Golf, which together with its subsidiaries, designs, manufactures, and sells golf clubs, golf balls, golf bags, and other golf-related accessories, have an RSI of 67.19.
On November 21st, 2016, Perry Ellis International (PEI) announced the extension of its license agreement with Callaway Golf. After commencing a long-term partnership in 2009, PEI will continue to design, produce, and distribute men's and women's golf-lifestyle apparel across North America, South America, Europe, the Middle East, and Africa. The complimentary research report on ELY can be downloaded at:
Shares in Calhoun, Georgia headquartered Mohawk Industries Inc. closed the day 0.81% lower at $199.37. The stock recorded a trading volume of 411,045 shares. The Company's shares have gained 7.37% in the last month and 5.27% on an YTD basis. The stock is trading 1.41% and 1.91% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Mohawk Industries, which designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide, have an RSI of 56.04.
On November 3rd, 2016, Mohawk Industries announced Q3 2016 record net earnings of $270 million and diluted earnings per share (EPS) of $3.62, a 25% increase versus Q3 2015. The company's net sales for the reported quarter were $2.3 billion, up 7% versus Q3 2015. For Q3 2015, net sales were $2.15 billion, net earnings were $215 million, and EPS was $2.89. Register for free on Stock-Callers.com and get access to the latest PDF format report on MHK at:
At the close, shares in Midvale, Utah headquartered Sportsman's Warehouse Holdings Inc. ended the day at $9.10, rising 2.71%. The stock recorded a trading volume of 698,618 shares, which was above its three months average volume of 439,740 shares. The Company's shares are trading below their 50-day moving average by 6.01%. Furthermore, shares of Sportsman's Warehouse Holdings, which together with its subsidiaries, operates as an outdoor sporting goods retailer in the US, have an RSI of 50.67.
On November 17th, 2016, Sportsman's Warehouse announced that it is expanding its operations to include new retail locations in Yuma, Arizona; Henderson, Nevada; and Eureka, California. It is anticipated that these stores will open in H1 2017. With these planned openings Sportsman's Warehouse will operate 82 stores in 22 states. Download your free research report on SPWH at:
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