ASICS Co. (OTCMKTS:ASCCF – Get Free Report) dropped 2.5% during mid-day trading on Thursday . The company traded as low as $28.35 and last traded at $28.35. Approximately 1,768 shares traded hands during mid-day trading, an increase of 64% from the average session volume of 1,077 shares. The stock had previously closed at $29.09.
Analyst Ratings Changes
Separately, Sanford C. Bernstein assumed coverage on shares of ASICS in a research note on Tuesday, May 26th. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.
Read Our Latest Report on ASCCF
ASICS Price Performance
ASICS Company Profile
ASICS Corporation is a Japanese multinational corporation specializing in the design, manufacture and marketing of athletic footwear, apparel and accessories. Headquartered in Kobe, Japan, the company was founded in 1949 by Kihachiro Onitsuka under the name Onitsuka Co, Ltd. It adopted the ASICS name in 1977, an acronym derived from the Latin phrase “Anima Sana In Corpore Sano” (“A Sound Mind in a Sound Body”), reflecting its long-standing commitment to promoting healthy living through sport.
The company’s primary business activities encompass research, development and production of performance-driven running shoes, cross-training sneakers, sportswear and related accessories.
Featured Stories
- Five stocks we like better than ASICS
- PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth
- Dollar Tree’s Turnaround Is Starting to Take Root
- Why Levi’s Digital Strategy Is Paying Off in a Big Way
- Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump
Receive News & Ratings for ASICS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASICS and related companies with MarketBeat.com's FREE daily email newsletter.
