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Iconix Brand Group Inc. (ICON) had a rough trading day for Wednesday July 11 as shares tumbled 10.19%, or a loss of $-0.0728 per share, to close at $0.64. After opening the day at $0.70, shares of Iconix Brand Group Inc. traded as high as $0.70 and as low as $0.64. Volume was 1.52 million shares over 2,357 trades, against an average daily volume of 1.56 million shares and a total float of 66.11 million.
As a result of the decline, Iconix Brand Group Inc. now has a market cap of $42.4 million. In the last year, shares of Iconix Brand Group Inc. have traded between a range of $6.98 and $0.55, and its 50-day SMA is currently $0.68 and 200-day SMA is $1.78.
For a complete fundamental analysis of Iconix Brand Group Inc., check out Equities.com’s Stock Valuation Analysis report for ICON.
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Iconix Brand Group Inc is a brand management company. It is engaged in licensing, marketing and providing trend direction for a portfolio of consumer brands. It operates through five segments: men’s, women’s, home, entertainment and international.
Iconix Brand Group Inc. is based out of New York, NY and has some 152 employees. Its CEO is F. Peter Cuneo.
Iconix Brand Group Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
To get more information on Iconix Brand Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: ICON’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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