Crocs Inc (NASDAQ:CROX) shares, rose in value, with the stock price up by 1.53% to the previous day’s close as strong demand from buyers drove the stock to $125.40.
Actively observing the price movement in the last trading, the stock closed the session at $123.51. The PE ratio was 9.79 over 12-month period. Referring to stock’s 52-week performance, its high was $150.28, and the low was $74.00. On the whole, CROX has fluctuated by -12.32% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.13B, with a low estimate of 874.7M and a high estimate of 888.42M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 880.28M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CROX’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.32, with the price of CROX currently trading nearly -3.12% and -1.67% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.85, while the 7-day volatility ratio is showing 3.19% which for the 30-day chart, stands at 3.23%. Furthermore, Crocs Inc (CROX)’s beta value is 2.04, and its average true range (ATR) is 4.33.
A comparison of Crocs Inc (CROX) with its peers suggests the former has fared considerably weaker in the market. CROX showed an intraday change of 1.53% in last session, and over the past year, it shrunk by -15.14%%.
Data on historical trading for Crocs Inc (NASDAQ:CROX) indicates that the trading volumes over the past 3 months, they’ve averaged 1.24 million. According to company’s latest data on outstanding shares, there are 60.49 million shares outstanding.
Nearly 3.71% of Crocs Inc’s shares belong to company insiders and institutional investors own 94.52% of the company’s shares. The stock has risen by 34.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CROX stock heading into the next quarter.
