In trading on Thursday, shares of Skechers USA, Inc. (NYSE:SKX) crossed below their last reported book value — defined as common shareholder equity per share — of $18.84, changing hands as low as $18.72 per share. Skechers USA, Inc. shares are currently trading off about 8.8% on the day. The chart below shows the one year performance of SKX shares, versus its 50 and 200 day moving averages:
Looking at the chart above, SKX's low point in its 52 week range is $17.86 per share, with $44.90 as the 52 week high point — that compares with a last trade of $18.82.
SKX operates in the Textiles & Apparel sector, among companies like Deckers Outdoor Corp. (NYSE:DECK) which is off about 1.4% today, and Gildan Activewear Inc (NYSE:GIL) trading up by about 0.8%. Below is a three month price history chart comparing the stock performance of SKX, versus DECK and GIL.
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