Iconix Brand Group (NASDAQ:ICON) : During the past 4 weeks, traders have been relatively bearish on Iconix Brand Group (NASDAQ:ICON), hence the stock is down -12.69% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.55% relative to the S&P 500. The 4-week change in the price of the stock is -11.28% and the stock has fallen -0.29% in the past 1 week.
The company shares have dropped -72.27% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $24.89 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $7.34 and the 200 Day Moving Average price is recorded at $7.45.
The stock has recorded a 20-day Moving Average of 3.72% and the 50-Day Moving Average is 10.02%.
Iconix Brand Group (NASDAQ:ICON): stock turned positive on Friday. Though the stock opened at $6.71, the bulls momentum made the stock top out at $7.05 level for the day. The stock recorded a low of $6.54 and closed the trading day at $6.84, in the green by 3.32%. The total traded volume for the day was 1,898,693. The stock had closed at $6.62 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Blumberg David, officer (EVP – Chief Strategy Officer) of Iconix Brand Group, Inc., had unloaded 11,000 shares at an average price of $7.61 in a transaction dated on May 19, 2016. The total value of the transaction was worth $83,710.
Iconix Brand Group, Inc. is a brand management company and owner of a diversified portfolio of 35 global consumer brands across womens, mens, entertainment and home. The Companys brand portfolio includes Candies, Bongo, Badgley Mischka, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific (OP), Danskin, Rocawear, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Zoo York, Sharper Image, Umbro, Lee Cooper, Ecko Unltd., Marc Ecko and Strawberry Shortcake. The Company also has interest in Artful Dodger, Material Girl, Peanuts, Ed Hardy, Truth or Dare, Billionaire Boys Club, Ice Cream, Modern Amusement, Buffalo, Nick Graham, Pony and Hydraulic brands. The Company licenses its brands with respect to a range of products, including apparel, footwear, fashion accessories, sportswear, home products and decor, and beauty and fragrance, and in the case of its Sharper Image brand, consumer electronics and novelty products.