Crocs, Inc. (CROX) Saw a New 52-Week High


The company is trading up by 3.48 percent from yesterday’s close. Company chares are trading at $9.21 which is well above $7.82, the 50 day moving average and which is significantly higher than the 200 day moving average of $7.01. The 50 day moving average was up $1.39 and the 200 day average went up $2.20 or +31.32%.

Crocs, Inc., launched on April 15, 2005, is involved in the design, development, manufacturing, marketing, distribution and sale of casual lifestyle footwear and accessories for men, women, and children. The Business’s segments include Americas, Asia Pacific and Europe. Its products include footwear and accessories that utilize its closed-cell resin, called Croslite, as well as casual lifestyle footwear that use a range of materials. Its Croslite material enables the Company to produce non-marking, and odor-resistant footwear. As of December 31, 2016, the Company sold its products in over 90 countries through domestic and international retailers and distributors, and directly to consumers through its company-operated retail stores, outlets, e-commerce store sites and kiosks. The Business’s sales channels include wholesale, which includes distributors, Crocs owned retail and Crocs e-commerce..

The following firms have also recently changed their position in CROX. Dimensional Fund Advisors Lp augmented its holdings by buying 937,111 shares an increase of 36.1% from 03/31/2017 to 06/30/2017. Dimensional Fund Advisors Lp currently owns 3,532,024 shares with a value of $27,232,000. The total value of its holdings increased 48.4%. Renaissance Technologies LLC grew its position by buying 388,074 shares an increase of 18.2%. Renaissance Technologies LLC now holds 2,515,710 shares valued at $19,396,000. The value of the position overall is up by 28.9%.

North Run Capital, Lp added to its ownership by buying 82,800 shares an increase of 7.4% in the quarter. North Run Capital, Lp owns 1,207,800 shares worth $9,312,000. The value of the position overall is up by 17.1%. As of quarter end California Public Employees Retirement System had disposed of a total of 20,400 shares trimming its stake by 4.5%. The value of the investment in CROX went from $3,182,000 to $3,313,000 a change of 4.1% quarter to quarter.

In the last earnings report the EPS was $-0.34 and is projected to be $-0.03 for the current year with 73,953,000 shares presently outstanding. Next quarter’s EPS is forecasted at $-0.35 and the next full year EPS is anticipated to be $0.25.