Iconix Brand Group, Inc. (NASDAQ:ICON)’s share price was up 10.5% on Tuesday . The company traded as high as $0.94 and last traded at $0.88, approximately 223,350 shares changed hands during mid-day trading. A decline of 42% from the average daily volume of 383,364 shares. The stock had previously closed at $0.80.
Separately, ValuEngine downgraded shares of Iconix Brand Group from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd.
The company has a fifty day moving average price of $0.87.
Iconix Brand Group Company Profile (NASDAQ:ICON)
Iconix Brand Group, Inc is a brand management company. As of December 31, 2016, the Company owned a portfolio of over 30 global consumer brands across women’s, men’s, and home categories. The Company operates through segments: men’s, women’s, home and international. The Company’s brand portfolio includes brands, such as Candie’s, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper and Artful Dodger, and interests in Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham Hydraulic and PONY brands.
See Also: Why do analysts give a neutral rating?
Receive News & Ratings for Iconix Brand Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iconix Brand Group and related companies with MarketBeat.com's FREE daily email newsletter.