Stock Updates on Apparel, Accessories and Luxury Bellwethers -- Research on Lululemon Athletica, Quiksilver, Kate Spade, and VF Corp. Editor Note: For more information about this release, please scroll to bottom.
LONDON, June 26, 2014 /PRNewswire/ --
On Wednesday, June 25, 2014, the NASDAQ Composite ended at 4,379.76, up 0.68%, the Dow Jones Industrial Average advanced 0.29%, to finish the day at 16,867.51, and the S&P 500 closed at 1,959.53, up 0.49%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 527.93, up 0.82%, and the index has advanced 3.01% in the previous three months. Investor-Edge has initiated coverage on the following equities: Lululemon Athletica Inc. (NASDAQ: LULU), Quiksilver Inc. (NYSE: ZQK), Kate Spade & Co. (NYSE: KATE) and VF Corp. (NYSE: VFC). Free technical research on LULU, ZQK, KATE and VFC can be downloaded upon signing up at:
On Wednesday, shares in Lululemon Athletica Inc. recorded a trading volume of 1.90 million shares, lower than its three months average volume of 3.91 million shares. The stock ended the day at $41.12, which was 0.02% above its previous day's closing of $41.11, and registered an intraday range of $40.80 and $41.56. Shares of the company traded at a PE ratio of 22.11. Although Lululemon Athletica Inc.'s shares have advanced 2.21% in the previous three trading sessions, it has declined 9.23% in the last one month and 30.34% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $44.61 and $56.45, respectively. Furthermore, shares of the company have a Relative Strength Index (RSI) of 43.96. Sign up today to read free research on LULU at:
Quiksilver Inc.'s stock finished the Wednesday's session at its previous day's closing price of $3.51. A total of 3.13 million shares were traded, which was below its three months average volume of 3.47 million shares. The stock moved between $3.45 and $3.62 during the session. Over the previous three trading sessions and the last one month, Quiksilver Inc.'s shares have plummeted 5.65% and 43.57%, respectively. Additionally, the company's stock has lost 59.98% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $7.18 is greater than its 50-day moving average of $5.50. Quiksilver Inc.'s stock has an RSI of 27.12. Sign up today to read free research on ZQK at:
On Wednesday, shares in Kate Spade & Co. fluctuated between $38.21 and $38.79 before ending the session 0.49% lower at $38.39. Kate Spade & Co.'s stock reported a trading volume of 1.34 million shares, below its three months average volume of 1.58 million shares. Kate Spade & Co.'s shares have advanced 3.81% in the last one month, 1.48% in the previous three months and 19.71% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $35.83 and $32.03, respectively. Moreover, shares of the company have an RSI of 61.25. Sign up today to read free research on KATE at:
VF Corp.'s stock edged 0.96% higher, to close the day at $62.84. The stock recorded a trading volume of 1.10 million shares, below its three months average volume of 1.62 million shares. The stock oscillated between $62.05 and $62.98 during the session. Over the last three trading sessions and over the past three months, VF Corp.'s shares have gained 1.11% and 3.05%, respectively. Additionally, the stock has gained 0.80% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $61.93 is greater than its 200-day moving average of $58.11. Additionally, the stock traded at a PE ratio of 22.49 and has an RSI of 48.41. Sign up today to read free research on VFC at:
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