ASICS (OTCMKTS:ASCCF – Get Free Report) will likely be announcing its results after the market closes on Friday, August 14th. Analysts expect the company to post earnings of $0.2004 per share and revenue of $1.4986 billion for the quarter.
ASICS Price Performance
OTCMKTS ASCCF opened at $29.94 on Wednesday. The stock has a 50-day moving average of $28.81 and a 200-day moving average of $28.01. ASICS has a 1-year low of $21.81 and a 1-year high of $32.41.
Analyst Ratings Changes
Separately, Sanford C. Bernstein assumed coverage on shares of ASICS in a research note on Tuesday, May 26th. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.
About ASICS
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.
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