NEW YORK, November 30, 2016 /PRNewswire/ --
On Tuesday, November 29, 2016, US markets moved back in bullish territories with seven out of nine sectors finishing the day in green. Benchmark indices were also trading higher by yesterday's closing bell as the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher. Pre-market today, Stock-Callers.com looks at these four Textile stocks: Michael Kors Holdings Ltd (NYSE: KORS), Lululemon Athletica Inc. (NASDAQ: LULU), PVH Corporation (NYSE: PVH), and Ralph Lauren Corporation (NYSE: RL). Download the free research reports on these stocks today:
London, the UK-based Michael Kors Holdings Ltd's stock edged 0.67% lower, to close the day at $47.71. The stock recorded a trading volume of 1.58 million shares. Michael Kors' shares have gained 10.90% in the past one year. Shares of the Company, which engages in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel, are trading 1.50% and 5.20% below its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 10.94 and has a Relative Strength Index (RSI) of 46.22.
On November 14th, 2016, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. See our free and comprehensive research report on KORS at:
Vancouver, Canada-based Lululemon Athletica Inc.'s stock finished Tuesday's session 1.94% higher at $58.32 with a total volume of 2.86 million shares traded. Lululemon Athletica's shares have gained 21.96% in the past one year. Shares of the Company, which together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth, are trading at a PE ratio of 29.91. The Company's shares are trading below its 50-day and 200-day moving averages by 0.51% and 11.94%, respectively. Lululemon Athletica's stock has an RSI of 52.86.
Yesterday, research firm Buckingham Research initiated a 'Neutral' rating on the Company's stock, issuing a target price of $55 per share. LULU free research report PDF is just a click away at:
On Tuesday, shares in New York-based PVH Corp. recorded a trading volume of 1.08 million shares, which was higher than their three months average volume of 862,630 shares. The stock ended the day 1.89% lower at $106.03. Shares of the Company, which operates as an apparel company in the US and internationally, are trading at a PE ratio of 12.87. The stock is trading above its 200-day moving average by 7.60%. Furthermore, shares of PVH have an RSI of 44.80. Sign up for your complimentary report on PVH at:
On Tuesday, shares in New York-based Ralph Lauren Corp. ended the session 2.07% lower at $108.61 with a total volume of 1.03 million shares traded. Ralph Lauren's shares have gained 10.67% in the last one month and 4.47% in the previous three months. Shares of the Company, which designs, markets, and distributes lifestyle products worldwide, are trading at a PE ratio of 47.20. The stock is trading 6.47% above its 50-day moving average and 12.12% above its 200-day moving average. Moreover, shares of the Company have an RSI of 54.88. Register for free on Stock-Callers.com and download the latest research report on RL at:
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