Deckers Outdoor Corporation (DECK) has risen sharply, recording gains of 8.55% in the past 4 weeks. However, the stock has corrected -2.51% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.69% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Deckers Outdoor Corporation (NYSE:DECK): The stock opened at $60.96 on Friday but the bulls could not build on the opening and the stock topped out at $61.47 for the day. The stock traded down to $60.41 during the day, due to lack of any buying support eventually closed down at $60.66 with a loss of -2.85% for the day. The stock had closed at $62.44 on the previous day. The total traded volume was 752,425 shares.
The stock has recorded a 20-day Moving Average of 2.21% and the 50-Day Moving Average is 9.1%. Deckers Outdoor Corp. is up 3.11% in the last 3-month period. Year-to-Date the stock performance stands at 28.52%.
Deckers Outdoor Corporation (Deckers) offers footwear, apparel and accessories. The Companys segments include operations of Deckers brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions; E-Commerce business, and retail store business. It sells its UGG footwear and accessories through department stores, independent specialty retailers and online retailers. The Company sells Teva footwear through specialty outdoor and sporting goods retailers. It sells Sanuk footwear through independent action sports retailers, outdoor retailers, specialty footwear retailers and national retail chains. The Company sells other brands at specialty running stores, department stores, outdoor specialty accounts, independent specialty retailers, and through online retailers. It operate its E-Commerce business through Uggaustralia.com, Teva.com, Sanuk.com, Ahnu.com, Hokaoneone.com, Mozo.com and Tsubo.com Websites. Its retail stores segment operates UGG concept stores and UGG outlet stores.