Today Skechers USA (SKX) Hits New Lifetime High

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Trade-Ideas LLC identified Skechers USA ( SKX) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Skechers USA as such a stock due to the following factors:

  • SKX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $39.8 million.
  • SKX has traded 20,082 shares today.
  • SKX is trading at a new lifetime high.

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More details on SKX:

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children, as well as performance footwear for men and women under the Skechers GO brand name. SKX has a PE ratio of 27.4. Currently there are 3 analysts that rate Skechers USA a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Skechers USA has been 754,400 shares per day over the past 30 days. Skechers USA has a market cap of $2.3 billion and is part of the consumer goods sector and consumer non-durables industry. The stock has a beta of 0.75 and a short float of 4.6% with 2.82 days to cover. Shares are up 74.7% year-to-date as of the close of trading on Thursday.

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