Michael Kors Holdings Limited (KORS) Shares are Up 0.25%

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 -2.48% 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 -0.28% relative to the S&P 500. The stock has risen by 0.25% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.45% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 2.77% and the 50-Day Moving Average is 4.57%.The 200 Day SMA reached 1.52% Michael Kors Holdings Limited has dropped 4.24% during the last 3-month period . Year-to-Date the stock performance stands at 19.45%.


Michael Kors Holdings Limited (KORS) : 15 Wall Street analysts covering Michael Kors Holdings Limited (KORS) believe that the average level the stock could reach for the short term is $54.67. The maximum price target given is $75 and the minimum target for short term is around $44, hence the standard deviation is calculated at $8.75.

Company shares have received an average consensus rating of Hold for the current week Michael Kors Holdings Limited (NYSE:KORS): The stock opened at $47.44 and touched an intraday high of $47.935 on Friday. During the day, the stock corrected to an intraday low of $47.14, however, the bulls stepped in and pushed the price higher to close in the green at $47.85 with a gain of 0.36% for the day. The total traded volume for the day was 4,192,477. The stock had closed at $47.68 in the previous trading session.

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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