Skechers Trading Volume Plummets 38.59% to 331st Rank Despite Stock Price Gains

On June 25, 2025, Skechers (SKX) experienced a significant drop in trading volume, with a turnover of $2.92 billion, marking a 38.59% decrease from the previous day. This decline placed Skechers at the 331st position in terms of trading volume for the day. Despite the drop in trading volume, Skechers' stock price has been on an upward trajectory, rising by 0.10% and maintaining a four-day winning streak, with a cumulative increase of 0.62% over the past four days.

Skechers U.S.A., Inc. is a prominent footwear company that designs, develops, markets, and distributes footwear for men, women, and children under the SKECHERS brand, as well as several other uniquely branded names. The company has a strong distribution network and joint venture partners in Asia and the Middle East.

Analysts have given Skechers a favorable outlook, with an average rating of "Buy" based on the assessments of 12 analysts. The 12-month stock price forecast for Skechers is $69.18, which represents a 10.37% increase from the current price.

Skechers' stock has experienced volatility, with a year-high of $78.85 and a year-low of $44.50. The company's market capitalization stands at $9.38 billion, with 149.60 million shares outstanding. This positions Skechers as the 1916th most valuable company globally.

In recent news, Skechers' stock has been influenced by various factors, including market conditions and company-specific announcements. The company's revenue for the quarter ending March 31, 2025, was $2.41 billion, reflecting a 7.11% growth. This brings the company's revenue for the last twelve months to $9 billion.