Crocs Rising On Heavy Volume (CROX)

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Shares of Crocs
CROS
are rising on heavier than usual volume during Thursday's trading session. Analysts at Sterne Agee initiated the stock at Buy with a $19 price target. More than 3.16 million CROX shares have traded hands compared to a daily average of around 5.47 million. The stock has a market cap of $1.25 billion and trades at a trailing P/E of 26.29. Crocs, Inc. is a designer, manufacturer, distributor, worldwide marketer and brand manager of footwear for men, women, and children. The Company designs and sells an offering of footwear, apparel, gear and accessories that utilize its closed cell-resin, called Croslite.
Posted In: Intraday UpdateMovers
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