The company is trading up from yesterday’s close of $8.9. It is currently trading at $9.21 significantly higher than $7.82, the stock’s 50 day moving average and which is significantly above 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..
These funds have also shifted positions in (CROX). Dimensional Fund Advisors Lp augmented its holdings by buying 937,111 shares an increase of 36.1%. Dimensional Fund Advisors Lp now holds 3,532,024 shares worth $27,232,000. The value of the position overall is up by 48.4%. As of the end of the quarter Renaissance Technologies LLC had acquired a total of 388,074 shares growing its holdings by 18.2%. The value in dollars increased from $15,042,000 to $19,396,000 increasing 28.9% for the reporting period.
North Run Capital, Lp bolstered its stake by buying 82,800 shares an increase of 7.4% as of 06/30/2017. North Run Capital, Lp now controls 1,207,800 shares valued at $9,312,000. The total value of its holdings increased 17.1%. California Public Employees Retirement System reduced its investment by selling 20,400 shares a decrease of 4.5% from 03/31/2017 to 06/30/2017. California Public Employees Retirement System currently owns 429,700 shares with a value of $3,313,000. The total value of its holdings increased 4.1%.
As of the last earnings report the EPS was $-0.34 and is estimated to be $-0.03 for the current year with 73,953,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $-0.35 and the next full year EPS is anticipated to be $0.25.