Gildan Activewear (NYSE:GIL) : During the past 4 weeks, traders have been relatively bearish on Gildan Activewear (NYSE:GIL), hence the stock is down -0.56% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.17% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.1% in the last 1 week, and is up 1.04% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -12.23% from its 1 Year high price. On Jul 30, 2015, the shares registered one year high at $35.15 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $29.33 and the 200 Day Moving Average price is recorded at $28.31.
The stock has recorded a 20-day Moving Average of 3.61% and the 50-Day Moving Average is 1.46%.
Gildan Activewear (NYSE:GIL): stock turned positive on Friday. Though the stock opened at $29.71, the bulls momentum made the stock top out at $30.26 level for the day. The stock recorded a low of $29.71 and closed the trading day at $30, in the green by 1.76%. The total traded volume for the day was 916,097. The stock had closed at $29.48 in the previous days trading.
Gildan Activewear Inc. (Gildan) supplies branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The Company markets its products under a diversified portfolio of Company-owned brands, including the Gildan, Gold Toe, Anvil brands and brand extensions, Secret, Silks, Therapy Plus and Kushyfoo, as well as under licensing arrangements for the Under Armour, Mossy Oak and New Balance brands. It operates in two segments, Printwear and Branded Apparel. The Company owns and operates manufacturing facilities which are primarily located in Central America and the Caribbean Basin. The Company manufactures and sells apparel products in the United States, Canada, Europe, and the Asia-Pacific region.