Nike (NKE) : During the past 4 weeks, traders have been relatively bearish on Nike (NKE), hence the stock is down -4.38% 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 -0.8% relative to the S&P 500. The 4-week change in the price of the stock is -6.32% and the stock has fallen -0.27% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.09% and the 50-Day Moving Average is 2.9%.The 200 Day SMA reached 5.7% NIKE, Inc. is up 3.02% in the last 3-month period. Year-to-Date the stock performance stands at -10.98%.
Nike (NKE) : The consensus price target for Nike (NKE) is $64.41 for the short term with a standard deviation of $5.34. The most optimist securities analyst among the 17 who monitor the stock believes that the stock can reach $75, however, the pessimist price target for the company is $55.
For the current week, the company shares have a recommendation consensus of Buy. Nike (NYSE:NKE): stock was range-bound between the intraday low of $55.05 and the intraday high of $55.36 after having opened at $55.24 on Fridays session. The stock finally closed in the red at $55.24, a loss of -0.52%. The stock remained in the red for the whole trading day. The total traded volume was 11,715,439 shares. The stock failed to cross $55.36 in Fridays trading. The stocks closing price on Thursday was $55.47.
NIKE, Inc. is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. The Company sells its products to retail accounts, through NIKE-owned retail stores and Internet Websites (which the Company refers to as its Direct to Consumer or DTC operations), and through a mix of independent distributors and licensees throughout the world. The Company focuses its NIKE Brand product offerings in eight key categories: Running, Basketball, Football (Soccer), Mens Training, Womens Training, Action Sports, Sportswear (the Companys sports-inspired lifestyle products) and Golf. The Company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking and outdoor activities. The Companys portfolio brands include the NIKE Brand, Jordan Brand, Hurley and Converse.