Textile Apparel Foot wear – Coach, Inc. (NYSE:COH), Nike Inc (NYSE:NKE), Tandy Brands Accessories, Inc. (NASDAQ:TBAC), Steven Madden, Ltd. (NASDAQ:SHOO)

Coach, Inc. (NYSE:COH) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for COH broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. Coach, Inc. (NYSE:COH) stock opened at $47.82 in last trading session, and closed at $47.89, trading in the range of $47.43 – $48.08. The stock showed a negative weekly performance of -1.88%.

Nike (NYSE:NKE) was upgraded by equities researchers at Ned Davis Research from a “neutral” rating to a “buy” rating in a research report issued on Monday, Analyst Ratings News reports. Nike Inc (NYSE:NKE) shares closed at $72.85 on last trade day, by losing -1.47%. Stock 52 week range is $53.27 – $80.26. Company’s market capitalization is $64.69 billion.

As Tandy Brands Accessories, Inc. (NASDAQ:TBAC) has previously disclosed in its filings with the Securities and Exchange Commission (the “SEC”) the Company, along with its subsidiaries H.A. Sheldon Canada, Ltd. (“HA Sheldon”) and TBAC Investment Trust (“TBAC Trust”) as guarantors, previously entered into a senior secured credit agreement (the “Credit Agreement”) with Salus Capital Partners, LLC, as lender, administrative agent and collateral agent (“Salus”). The Credit Agreement provides for senior financing to the Company in an aggregate principal amount of up to $29,000,000 at any one time outstanding. Tandy Brands Accessories, Inc. (NASDAQ:TBAC) stock decreased -51.72% and finished the last session at $0.140. The EPS of the stock remained -2.64. Company’s market capitalization is $1.00 million.

Ned Davis Research lowered shares of Steven Madden (NASDAQ:SHOO) from a buy rating to a neutral rating in a report released on Tuesday, Analyst Ratings Net reports. Steven Madden, Ltd. (NASDAQ:SHOO) stock opened at $32.44 in last trading session and closed at $32.59. The 52 week range of the stock is $27.34 – $39.48and the day range was $31.84 – $33.10.

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