Oakley, which makes footwear, performance eyewear, watches and athletic equipment, continued to gain ground Thursday in the wake of better-than-expected first-quarter gains and an analyst upgrade. The company's share price was up more than five per cent or $1.03 in midday trading at $19.82 a share. That compares with a 52-week high of $22.50 a share and a 52-week low of $9.43 a share.