Iconix Brand Group, Inc. (NASDAQ:ICON) shares traded up 6.8% during trading on Tuesday . The stock traded as high as $0.69 and last traded at $0.62, 101,251 shares changed hands during mid-day trading. An increase of 27% from the average session volume of 79,933 shares. The stock had previously closed at $0.58.
Separately, ValuEngine cut Iconix Brand Group from a “hold” rating to a “sell” rating in a research report on Wednesday, March 11th.
The stock has a market capitalization of $7.27 million, a price-to-earnings ratio of -0.06 and a beta of 2.10. The firm has a 50-day moving average of $1.18 and a 200 day moving average of $1.52.
Iconix Brand Group Company Profile (NASDAQ:ICON)
Iconix Brand Group, Inc is a brand management company. As of December 31, 2016, the Company owned a portfolio of over 30 global consumer brands across women’s, men’s, and home categories. The Company operates through segments: men’s, women’s, home and international. The Company’s brand portfolio includes brands, such as Candie’s, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper and Artful Dodger, and interests in Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham Hydraulic and PONY brands.
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