V.F. Corporation (VFC) Shares are Up 2.73%

V.F. Corporation (VFC) has been under a strong bear grip, hence the stock is down -1.28% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.68% in the past 1 week. The stock has risen by 2.73% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.27% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 2.39% and the 50-Day Moving Average is 2.1%. V.F. Corporation (NYSE:VFC): On Fridays trading session , Opening price of the stock was $63.6 with an intraday high of $64.07. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $63.4544. However, the stock managed to close at $63.86, a loss of 0.11% for the day. On the previous day, the stock had closed at $63.93. The total traded volume of the day was 1,459,392 shares.


The company Insiders own 1.7% of V.F. Corporation shares according to the proxy statements. Institutional Investors own 82.25% of V.F. Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -10.22%. Also, In a research note released to the investors, Brean Capital downgrades its rating on V.F. Corporation (NYSE:VFC).The analysts at the brokerage house have a current rating of Buy on the shares. Earlier, the shares were rated a Hold by the brokerage firm. The rating by the firm was issued on July 15, 2016.

V.F. Corporation (VF) is engaged in the design, manufacturing, marketing and distribution of branded lifestyle apparel, footwear and accessories. The Company operates through five coalitions: Outdoor & Action Sports, Jeanswear, Imagewear, Sportswear and Contemporary Brands. The Company owns a portfolio of brands in the outerwear, footwear, denim, backpack, luggage, accessory, sportswear, occupational and performance apparel categories. The Companys brands primarily include The North Face, Vans, Timberland, Wrangler, Lee and Nautica. The Companys products are marketed to consumers shopping in specialty stores, upscale and traditional department stores, national chains, mass merchants and its own direct-to-consumer operations. Its direct-to-consumer business includes VF-operated stores, concession retail stores and e-commerce sites. The Companys brands sell products in international markets through licensees, distributors and independently-operated partnership stores.

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