Research Report Initiated on Select Textile and Apparel Equities

LONDON, UK / ACCESSWIRE / June 6, 2016 / ActiveWallSt.com announces the list of stocks for today’s research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Textile and Apparel Footwear and Accessories industry. Companies recently under review include NIKE, Coach, Foot Locker, and Skechers. Register with us now for your free membership and see our complete reports on these equities at:

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Let us take a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions. Additionally, to get your complimentary research reports on these equities, click below:

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NIKE Inc. (NYSE: NKE)

Last Friday, shares in Beaverton, Oregon-based NIKE Inc., which together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories globally, ended the day at $53.45, which was a correction of 1.98%. The stock recorded a trading volume of 17.22 million shares, which was above its three months average volume of 9.80 million shares. The Company’s shares are trading below their 50-day moving average by 8.67%. Furthermore, NIKE’s stock has a Relative Strength Index (RSI) of 27.64. On June 01st, 2016, research firm Morgan Stanley downgraded the Company’s stock rating from ‘Overweight’ to ‘Equal-Weight’.

Coach Inc. (NYSE: COH)

New York-based Coach Inc. provides luxury accessories and lifestyle collections in the U.S. The Company’s stock finished Friday’s session at $38.80, which was a slight correction of 2.44%. A total volume of 4.71 million shares was traded, which was above their three months average volume of 3.67 million shares. The Company’s shares have gained 0.92% in the previous three months and 20.61% since the start of this year. The stock is trading above its 200-day moving average by 15.19%. Moreover, shares of Coach have an RSI of 47.75.

Foot Locker Inc. (NYSE: FL)

Shares in New York headquartered athletic shoes and apparel retailer, Foot Locker Inc., ended the session 0.42% lower at $54.85 with a total volume of 1.75 million shares traded. The stock is trading below its 50-day moving average by 8.93%. The Company’s shares have an RSI of 37.50. On May 23rd, 2016, research firm Telsey Advisory Group reiterated its ‘Outperform’ rating with a decrease of the target price to $72 a share from $78 a share for the Company’s stock.

Skechers U.S.A. Inc. (NYSE: SKX)

Manhattan Beach, California headquartered Skechers U.S.A. Inc.’s stock recorded a trading volume of 1.88 million shares last Friday and closed 0.57% higher at $31.84. The Company’s shares have advanced 5.40% on an YTD basis. The stock is trading 4.36% above its 50-day moving average. Additionally, shares of Skechers U.S.A. have an RSI of 59.47.

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