Steven Madden Ltd (NASDAQ:SHOO) shares, rose in value, with the stock price down by -0.94% to the previous day’s close as strong demand from buyers drove the stock to $25.37.
Actively observing the price movement in the last trading, the stock closed the session at $25.61. The PE ratio was 10.94 over 12-month period. Referring to stock’s 52-week performance, its high was $50.01, and the low was $19.05. On the whole, SHOO has fluctuated by 20.98% over the past month.
With the market capitalization of Steven Madden Ltd currently standing at about $1.84 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.84, with its dividend yield at 3.31%.
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 Hold 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 100% Sell.
The stock’s technical analysis shows that the price of SHOO currently trading nearly 3.80% and 7.12% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.26, while the 7-day volatility ratio is showing 4.18% which for the 30-day chart, stands at 5.43%. Furthermore, Steven Madden Ltd (SHOO)’s beta value is 1.14, and its average true range (ATR) is 1.23.
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 -0.94% in last session, and over the past year, it shrunk by -40.78%%.
Data on historical trading for Steven Madden Ltd (NASDAQ:SHOO) indicates that the trading volumes over the past 3 months, they’ve averaged 2.05 million. According to company’s latest data on outstanding shares, there are 72.58 million shares outstanding.
Nearly 2.30% of Steven Madden Ltd’s shares belong to company insiders and institutional investors own 104.56% of the company’s shares. The stock has fallen by -40.33% 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.
