Rocky Brands Inc (NASDAQ:RCKY) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 28, 2016
Yesterday Rocky Brands Inc (NASDAQ:RCKY) traded -0.19% lower at $10.24. The company’s 50-day moving average is $10.44 and its 200-day moving average is $11.57. The last stock close price is down -11.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 9,928 shares of the stock were exchanged, down from an average trading volume of 24,444
Zacks Investment Research has upgraded Rocky Brands Inc (NASDAQ:RCKY) to Hold in a report released on 9/29/2016.
Previously on Wednesday June 24, 2015, B. Riley reported about Rocky Brands Inc (NASDAQ:RCKY) raised the target price from $0.00 to $25.00. At the time, this indicated a possible upside of 0.39%.
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Rocky Brands Inc has a price-earnings ratio of 63.60 with a one year low of $9.67 and a one year high of $16.00 RCKY’s total market value is presently $0.
Brief Synopsis About Rocky Brands Inc (NASDAQ:RCKY)
Rocky Brands, Inc. is a designer, manufacturer and marketer of footwear and apparel marketed under a portfolio of brand names, including Rocky, Georgia Boot, Durango, Lehigh, Creative Recreation and the licensed brand Michelin. The Company operates its business through three segments: wholesale, retail and military. In its wholesale segment, the Company distributes its products through a range of distribution channels representing over 10,000 retail store locations in the United States and Canada, as well as in other international markets. Its wholesale channels vary by product line and include sporting goods stores, outdoor retailers, independent shoe retailers, hardware stores, catalogs, mass merchants and uniform stores. In its retail segment, the Company sells its products directly to consumers through its consumer and business direct Websites and its Rocky outlet store. In its military segment, the Company sells footwear under the Rocky label to the United States military.
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