Steven Madden Ltd (NASDAQ:SHOO) shares, rose in value on Friday, January 03, with the stock price down by -0.12% to the previous day’s close as strong demand from buyers drove the stock to $41.91.
Actively observing the price movement in the last trading, the stock closed the session at $41.96, falling within a range of $41.54 and $42.6. The value of beta (5-year monthly) was 1.098 whereas the PE ratio was 17.80 over 12-month period. Referring to stock’s 52-week performance, its high was $50.01, and the low was $37.99. On the whole, SHOO has fluctuated by -8.91% over the past month.
With the market capitalization of Steven Madden Ltd currently standing at about $3.03 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.84, with its dividend yield at 2.00%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SHOO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.78, with the price of SHOO currently trading nearly -2.70% and -4.77% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.67, while the 7-day volatility ratio is showing 2.31% which for the 30-day chart, stands at 2.19%. Furthermore, Steven Madden Ltd (SHOO)’s beta value is 1.09, and its average true range (ATR) is 1.02.
A comparison of Steven Madden Ltd (SHOO) with its peers suggests the former has fared considerably weaker in the market. SHOO showed an intraday change of -0.12% in last session, and over the past year, it grew by 2.49%%.
Data on historical trading for Steven Madden Ltd (NASDAQ:SHOO) indicates that the trading volumes over the past 10 days have averaged 0.85 and over the past 3 months, they’ve averaged 731.36K. According to company’s latest data on outstanding shares, there are 72.19 million shares outstanding.
Nearly 5.58% of Steven Madden Ltd’s shares belong to company insiders and institutional investors own 100.49% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.32 million shares as on 2024-12-13, resulting in a short ratio of 4.75. According to the data, the short interest in Steven Madden Ltd (SHOO) stood at 646.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 3.03 million. The stock has fallen by -1.43% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SHOO stock heading into the next quarter.
