Gildan Activewear (GIL) Shares are Down -1.55%

Gildan Activewear (GIL) has risen sharply, recording gains of 1.64% in the past 4 weeks. However, the stock has corrected -1.55% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.85% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.89% and the fifty day Moving Average is 0.4%. Gildan Activewear Inc. has dropped 1.36% during the last three month period . Year-to-Date the stock performance stands at 5.68%.

Gildan Activewear (GIL) : The most positive equity analysts on Gildan Activewear (GIL) expects the shares to touch $44, whereas, the least positive believes that the stock will trade at $30 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $34.37 with an expected fluctuation of $3.52 from the mean.


Gildan Activewear (NYSE:GIL): The stock was completely flat for the day, closing at $29.79 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $29.76, the stock touched an intraday high of $30.21 and a low of $29.63. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $29.79. The total trading volume on Friday was 204,834.

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.

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