Michael Kors Holdings Limited (KORS) Shares are Down -0.98%

Michael Kors Holdings Limited (KORS) : During the past 4 weeks, traders have been relatively bearish on Michael Kors Holdings Limited (KORS), hence the stock is down -3.92% 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 -0.32% relative to the S&P 500. The 4-week change in the price of the stock is -4.12% and the stock has fallen -0.98% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.88% and the fifty day Moving Average is 1.29%. Michael Kors Holdings Limited is up 18.66% in the last three month period. Year-to-Date the stock performance stands at 23.79%.

Michael Kors Holdings Limited (KORS) : The highest short term price target forecast on Michael Kors Holdings Limited (KORS) is $75 and the lowest target price is $44. A total of 15 equity analysts are currently covering the company. The average price of all the analysts is $54.67 with a standard deviation of $8.75.


Michael Kors Holdings Limited (NYSE:KORS): On Fridays trading session , Opening price of the stock was $50.13 with an intraday high of $50.65. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $49.43. However, the stock managed to close at $49.59, a loss of 1.33% for the day. On the previous day, the stock had closed at $50.26. The total traded volume of the day was 1,948,674 shares.

Michael Kors Holdings Limited is a global accessories, footwear and apparel company. The Company operates its business in three segments: retail, wholesale and licensing. It offers two primary collections: the Michael Kors luxury collection and the MICHAEL Michael Kors accessible luxury collection. In the Michael Kors collection, it offers accessories, including handbags and small leather goods, many of which are made from leathers and other exotic skins, footwear and apparel, including ready-to-wear women swear and menswear. Its MICHAEL Michael Kors collection offers accessories, primarily handbags and small leather goods, such as clutches, wallets, wristlets and cosmetic cases; footwear, primarily in womens styles; and women swear, including dresses, tops, jeans, pants, skirts, shorts and outerwear. Through its licensing segment, it enters into agreements that license to third parties use of its brand name and trademarks, certain production, and sales and distribution rights.

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