Weyco Group (NASDAQ:WEYS – Get Rating) was downgraded by investment analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.
Weyco Group Stock Down 1.2 %
Shares of Weyco Group stock opened at $27.12 on Friday. The stock has a market cap of $258.89 million, a P/E ratio of 7.91 and a beta of 0.90. Weyco Group has a 12-month low of $19.89 and a 12-month high of $32.45. The business’s 50 day moving average is $25.62 and its 200-day moving average is $25.38.
Weyco Group (NASDAQ:WEYS – Get Rating) last posted its quarterly earnings results on Tuesday, March 7th. The textile maker reported $1.06 earnings per share for the quarter. The business had revenue of $99.05 million for the quarter. Weyco Group had a return on equity of 15.23% and a net margin of 9.23%.
Institutional Investors Weigh In On Weyco Group
About Weyco Group
Weyco Group, Inc engages in the design, production and trade of footwear for men, women and children. It operates through the following segments: North American Wholesale Operations and North American Retail Operations. The North American Wholesale Operations segment includes selling products to department stores and specialty shops in the United States and Canada.
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