NEW YORK, NY / ACCESSWIRE / November 10, 2015 / Iconix Brand Group Inc. (NASDAQ: ICON) a brand management company and owner of a diversified portfolio of 35 global consumer brands recently announced Q3 net loss sending shares tumbling far below the 50 - day SMA. The Company reported a third-quarter loss of $6.3 million, after reporting a profit in the same period a year earlier. Earnings, adjusted for non-recurring costs, were 9 cents per share. The clothing brand licensing company posted revenue of $88.9 million in the period, a decrease from the previous quarter. Iconix shares have declined 80 percent since the beginning of the year and 83 percent in the last 12 months.

Management has remained positive about the financial wellbeing of the company, however analysts have taken a different approach. The stock is currently trading near a 52 - week low and has attracted a significant amount of attention with volumes reaching well over 25 million shares on Monday, versus an average of 1.7 million shares.

For a more detailed research report with analyst comments on Iconix Brand Group Inc. please follow the link. There is no cost obligation required to view analyst brief.

http://bit.ly/_ICON_Due_Diligence

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