In trading on Wednesday, shares of Skechers USA Inc (Symbol: SKX) crossed above their 200 day moving average of $27.14, changing hands as high as $27.41 per share. Skechers USA Inc shares are currently trading up about 3.2% on the day. The chart below shows the one year performance of SKX shares, versus its 200 day moving average:
Looking at the chart above, SKX's low point in its 52 week range is $18.81 per share, with $34.27 as the 52 week high point - that compares with a last trade of $27.32.
According to the ETF Finder at ETF Channel, SKX makes up 2.06% of the Guggenheim S&P MidCap 400 Pure Growth ETF (Symbol: RFG) which is trading higher by about 1.2% on the day Wednesday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.