Stock NEWS Buzz:- Deckers Brands (NYSE: DECK)

Deckers Brands (NYSE: DECK) reported change of 1.38% to $119.28 with the total traded volume of 891015 shares versus to an average volume of 789.05K. The stock was up in the 5 days activity 11.01%. The one month performance of stock was 27.79%. DECK shares are at 21.36% for the quarter and driving a 65.85% return over the course of the past year and is now at 48.64% since this point in 2018.  The average volatility for the week and month was at 2.58% 2.53% respectively. There are 31.22M shares outstanding and 31.22M shares are floated in market. Right now DECK beta is 1.06.

Deckers Brands (NYSE:DECK), a global leader in designing, marketing and distributing innovative footwear, apparel and accessories, declared the appointment of Brian A. Spaly and Cindy L. Davis to its Board of Directors. Coinciding with these appointments, Deckers also announced that Karyn O. Barsa has resigned from the Board.

Mr. Spaly said “I am thrilled to join the Deckers Board of Directors”. “I see a great opportunity to lend my experiences to a dynamic organization that is skillfully navigating the rapidly transforming marketplace. These are iconic brands I wear and love, and a company that continues to create powerful emotional connections with a global consumer base. I look forward to working with the team as they continue to build on their success.”

Ms. Davis said “In an evolving global marketplace, I’ve admired how Deckers Brands has been a leader in connecting with the lifestyle of consumers through bold fashion and performance innovations, and an elevated omni-channel experience”. “As a new member of the Board of Directors, I very much look forward to working with the Board and management team to continue to drive profitable results, build shareholder value, and deliver on the exciting potential of the company’s premium brands.”

“We are very pleased to welcome Brian and Cindy to the Deckers Board,” said John Gibbons, Chairman of the Board. “They will bring valuable insight and experience to our team, and I look forward to working with both of them.”

These appointments coincide with the resignation of Karyn O. Barsa. Ms. Barsa has served as a member of the Deckers Board since 2008. “On behalf of our management team and the Board, I would like to thank Karyn for her service to Deckers Brands over the past ten years,” continued Mr. Gibbons. “We are grateful for her contributions to our organization and we wish her the best of luck in all of her future endeavors.”

Shares of Deckers Outdoor Corporation have been recently spotted trading 1.28% off of the 52-week high price. On the other end, company shares have been noted 94.36% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 61.37 – 117.77. Switching over to some distances from popular moving averages, we see that the stock has been recorded 23.37% away from the 50 day moving average and 45.55% away from the 200 day moving average. Moving closer, we can see that shares have been trading 15.40% off of the 20-day moving average. 3500 employees work in the Company. It has market cap of $3.72B.

  • Rocky Gerdes
    Before joining, Rocky Gerdes worked as a freelance writer. He has more than 10 years’ experience in journalism and public relations. His experience in public relations includes press releases, promotional materials, and working with media outlets. He also has professional experience writing news, technology, and business stories. Rocky learned CFA Level 2 from CFA Institute (USA). He has worked in diverse capacities from financial research to currency trading in a span of 3 years. Rocky covers Business news section. Email Contact: Rocky@stockdigest.info

Leave a Reply

Your email address will not be published. Required fields are marked *

*
*