ASICS Co. (OTCMKTS:ASCCF – Get Free Report)’s stock price dropped 14.8% during mid-day trading on Friday . The stock traded as low as $25.57 and last traded at $25.57. Approximately 4,126 shares were traded during trading, an increase of 972% from the average daily volume of 385 shares. The stock had previously closed at $30.00.
Analyst Ratings Changes
Separately, Sanford C. Bernstein initiated coverage on ASICS in a research report on Tuesday, May 26th. They set an “outperform” rating for the company. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.
Check Out Our Latest Research Report on ASICS
ASICS Stock Down 14.8%
About ASICS
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
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
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.
