Gildan Activewear (GIL) : During the past 4 weeks, traders have been relatively bearish on Gildan Activewear (GIL), hence the stock is down -5.29% 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 -1.07% relative to the S&P 500. The 4-week change in the price of the stock is -2.93% and the stock has fallen -0.65% in the past 1 week.
Gildan Activewear (NYSE:GIL): The stock opened at $29.20 on Friday but the bulls could not build on the opening and the stock topped out at $29.43 for the day. The stock traded down to $28.97 during the day, due to lack of any buying support eventually closed down at $29.12 with a loss of -0.72% for the day. The stock had closed at $29.33 on the previous day. The total traded volume was 1,071,893 shares.
The stock has recorded a 20-day Moving Average of 4.41% and the 50-Day Moving Average is 2.22%. Gildan Activewear Inc. has dropped 3.19% during the last 3-month period . Year-to-Date the stock performance stands at 3.03%.
Gildan Activewear (GIL) : The highest short term price target forecast on Gildan Activewear (GIL) is $44 and the lowest target price is $30. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $34.37 with a standard deviation of $3.52.
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.