Today’s Research Coverage Scans Stocks on the Apparel Clothing Industry

LONDON, UK / ACCESSWIRE / June 13, 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-Apparel Clothing industry. Companies recently under review include Under Armour, Michael Kors, Hanesbrands, and Kate Spade. Register with us now for your free membership and see our complete reports on these equities at:

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Today, ActiveWallSt.com is promoting its equity research coverage. Get all of our research report free by signing up to http://www.activewallst.com/register/.

Suppressed consumer spending on clothing and accessories continues to negatively impact firms in the Textile and Apparel Clothing space, but the industry still presents a handful of promising equities. Let us see how the current market environment is affecting some of the big names in the industry. Click below to sign for our free membership and to access the complimentary research reports on these stocks:

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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.

Under Armour Inc. (NYSE: UA)

Shares in Baltimore, Maryland headquartered developer, marketer, and distributor of branded performance apparel, footwear, and accessories, Under Armour Inc., ended Friday’s session at $38.38 which was a slight correction of 0.72%. The stock saw a total volume of 4.75 million shares traded. The stock has advanced 2.68% in the last month. The Company’s shares are trading 5.52% below their 50-day moving average. Moreover, shares of Under Armour have a Relative Strength Index (RSI) of 49.65. On June 03rd, 2016, research firm DA Davidson reiterated its ‘Buy’ rating with a decrease of the target price to $48 a share from $55 a share for the Company’s stock.

Michael Kors Holdings Ltd (NYSE: KORS)

London, United Kingdom-based Michael Kors Holdings Ltd’s shares saw a correction of 1.77%, closing the day at $49.84. A total volume of 3.80 million shares was traded, which was above their three months average volume of 3.74 million shares. The stock has advanced 13.25% in the last month and 24.41% on an YTD basis. The Company’s shares are trading 1.26% above their 50-day moving average and 8.66% above their 200-day moving average. Additionally, shares of Michael Kors Holdings, which engages in the design, marketing, distribution, and retailing of branded women’s apparel and accessories, and men’s apparel, have an RSI of 61.48.

Hanesbrands Inc. (NYSE: HBI)

Last Friday, shares in Winston-Salem, North Carolina headquartered consumer goods Company, Hanesbrands Inc. gained 0.11%, closing the session at $26.86. The stock recorded a trading volume of 2.77 million shares. The Company’s shares have advanced 0.45% in the last month, and are trading 2.48% below their 50-day moving average. Furthermore, Hanesbrands’ stock has an RSI of 44.84.

Kate Spade & Co. (NYSE: KATE)

New York-based Kate Spade & Co.’s shares finished the session at $20.30, which was a correction of 5.27%. A total volume of 2.58 million shares was traded, which was above their three months average volume of 2.43 million shares. The stock has advanced 14.24% on YTD basis. The Company’s shares are trading below their 200-day moving average by 1.02%. Additionally, shares of Kate Spade, which together with its subsidiaries, designs and markets apparel and accessories, have an RSI of 32.71.

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