The company is up by 3.48% since yesterday’s close of $8.9. It is currently trading at $9.21 quite a bit above the 50 day moving average of $7.82 and much higher than the 200 day moving average of $7.01. The 50 day moving average was up $1.39 and the 200 day average was up $2.20.
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 grew its holdings by buying 937,111 shares an increase of 36.1% from 03/31/2017 to 06/30/2017. Dimensional Fund Advisors Lp now holds 3,532,024 shares worth $27,232,000. The total value of its holdings increased 48.4%. As of quarter end Renaissance Technologies LLC had acquired a total of 388,074 shares growing its position 18.2%. The value of the total investment in Crocs, Inc. went from $15,042,000 to $19,396,000 a change of 28.9% quarter over quarter.
As of the end of the quarter North Run Capital, Lp had bought 82,800 shares growing its holdings by 7.4%. The value in dollars increased from $7,954,000 to $9,312,000 increasing 17.1% since the last quarter. California Public Employees Retirement System downsized its investment by shedding 20,400 shares a decrease of 4.5%. California Public Employees Retirement System now controls 429,700 shares valued at $3,313,000. The value of the position overall is up by 4.1%.
As of the latest earnings report the EPS was $-0.34 and is expected to be $-0.03 for the current year with 73,953,000 shares now outstanding. Next quarter’s EPS is estimated at $-0.35 with next year’s EPS anticipated to be $0.25.