Michael Kors Holdings (KORS) Is Today's Post-Market Loser Stock

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Trade-Ideas LLC identified Michael Kors Holdings ( KORS) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Michael Kors Holdings as such a stock due to the following factors:

  • KORS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $174.9 million.
  • KORS is down 2.5% today from today's close.

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More details on KORS:

Michael Kors Holdings Limited is engaged in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel. The company operates in three segments: Retail, Wholesale, and Licensing. KORS has a PE ratio of 22.9. Currently there are 8 analysts that rate Michael Kors Holdings a buy, 2 analysts rate it a sell, and 7 rate it a hold.

The average volume for Michael Kors Holdings has been 3.6 million shares per day over the past 30 days. Michael Kors has a market cap of $16.5 billion and is part of the consumer goods sector and consumer non-durables industry. The stock has a beta of 1.86 and a short float of 3.5% with 4.25 days to cover. Shares are down 3% year-to-date as of the close of trading on Wednesday.

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