Kate Spade & Company (NYSE:KATE) : Traders are bullish on Kate Spade & Company (NYSE:KATE) as it has outperformed the S&P 500 by a wide margin of 3.89% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.56%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.85% in the last 1 week, and is up 5.57% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -8.30% from its 1 Year high price. On Apr 28, 2016, the shares registered one year high at $26.46 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $21.03 and the 200 Day Moving Average price is recorded at $21.05.
The stock has recorded a 20-day Moving Average of 4.85% and the 50-Day Moving Average is 2.28%.
Kate Spade & Company (NYSE:KATE): stock turned positive on Friday. Though the stock opened at $21, the bulls momentum made the stock top out at $21.49 level for the day. The stock recorded a low of $20.95 and closed the trading day at $21.43, in the green by 3.48%. The total traded volume for the day was 1,504,721. The stock had closed at $20.71 in the previous days trading.
Kate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. The Company operates through three segments: KATE SPADE North America, KATE SPADE International and Adelington Design Group. KATE SPADE North America segment consists of the Companys kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in North America. KATE SPADE International segment consists of the Companys kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in International markets. Adelington Design Group segment consists of exclusive arrangements to supply jewelry for the LIZ CLAIBORNE and MONET brands; the wholesale apparel and wholesale non-apparel operations of the licensed LIZWEAR brand and other brands, and the licensed LIZ CLAIBORNE NEW YORK brand. The Company operates specialty retail stores, outlet stores and concession stores.