ASICS Co. (OTCMKTS:ASCCF – Get Free Report) dropped 2.5% on Thursday . The stock traded as low as $28.35 and last traded at $28.35. 1,768 shares traded hands during trading, an increase of 64% from the average daily volume of 1,077 shares. The stock had previously closed at $29.09.
Analyst Upgrades and Downgrades
Separately, Sanford C. Bernstein began coverage on ASICS in a report on Tuesday, May 26th. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy”.
Check Out Our Latest Analysis on ASICS
ASICS Stock 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.
