K-Swiss Stock Gaps Down On Today's Open (KSWS)

NEW YORK ( TheStreet) -- Shares of K-Swiss (Nasdaq: KSWS) were gapping down Thursday morning with an open price 10.2% lower than Wednesday's closing price. The stock closed at $10.23 Wednesday and opened today's trading at $9.19.

The average volume for K-Swiss has been 98,500 shares per day over the past 30 days. K-Swiss has a market cap of $281.3 million and is part of the consumer goods sector and consumer non-durables industry. Shares are down 18% year to date as of the close of trading on Wednesday.

K Swiss Inc., together with its subsidiaries, engages in the design, development, and marketing of athletic footwear for sports use, fitness activities, and casual wear. The company offers its products under the K Swis and Palladium brand names.

TheStreet Ratings rates K-Swiss as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full K-Swiss Ratings Report.

Get more investment ideas from our investment research center.

Interested in other stocks that are gapping down? Get free SMS text alerts sent to you when the action happens by texting DOWN to 95370 or select from multiple alert options.

null

More from Markets

Record Bull Market Poised to Run Further as Trump Frets Over Fed

Record Bull Market Poised to Run Further as Trump Frets Over Fed

Famed Chartist Marc Chaikin Gives Jim Cramer His Top Picks Wednesday Aug. 22

Famed Chartist Marc Chaikin Gives Jim Cramer His Top Picks Wednesday Aug. 22

Kardashian-Endorsed Ouai Likely Merger Fodder; Uber's C-Suite Takes Form - ICYMI

Kardashian-Endorsed Ouai Likely Merger Fodder; Uber's C-Suite Takes Form - ICYMI

Cohen Pleads Guilty, Manafort Found Guilty -- Any Market Impact?

Cohen Pleads Guilty, Manafort Found Guilty -- Any Market Impact?

Azealia Banks Confirms Elon Musk Smokes Weed

Azealia Banks Confirms Elon Musk Smokes Weed