Zacks Investment Research upgraded Crocs, Inc. (NASDAQ:CROX) to Hold in a report released today.
- Updated: October 11, 2016
Zacks Investment Research has upgraded Crocs, Inc. (NASDAQ:CROX) to Hold in a report released on 10/11/2016.
Previously on 08/12/2016, Susquehanna reported on Crocs, Inc. (NASDAQ:CROX) increased the target price from $0.00 to $9.50. At the time, this indicated a possible upside of 0.12%.
Yesterday Crocs, Inc. (NASDAQ:CROX) traded -3.81% lower at $8.34. The company’s 50-day moving average is $8.51 and its 200-day moving average is $9.57. The last closing price is down -12.86% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 504,120 shares of the stock traded hands, down from an average trading volume of 900,362
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Crocs, Inc. has a 52 week low of $7.63 and a 52 week high of $12.54 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 8 brokers have issued a report on the company. The average stock price target is $11.00 with 2 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 6 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Crocs, Inc. (NASDAQ:CROX)
Crocs, Inc. is engaged in the design, development, manufacturing, across the world marketing and distribution of casual lifestyle footwear and accessories for men, women and children. The Company's segments include Americas, Asia Pacific and Europe. The Americas segment consists of the product sales in the North and South America geographic regions. The Asia Pacific segment consists of the product sales throughout Asia, Australia, New Zealand, the Middle East and South Africa. The Europe segment consists of the product sales throughout Europe and Russia. The Company's products include footwear and accessories that utilize its closed-cell resin, called Croslite, as well as casual lifestyle footwear that use a range of materials. It sells its products in over 60 countries through domestic and international retailers and distributors, and directly to consumers through its company-operated retail stores, outlets, Webstores and kiosks.
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