Guess? (GES) has been under a strong bear grip, hence the stock is down -1.93% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.5% in the past 1 week. The stock has risen by 3.55% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.92% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 3.96% and the 50-Day Moving Average is 1.17%. Guess? (NYSE:GES): stock turned positive on Friday. Though the stock opened at $14.89, the bulls momentum made the stock top out at $15.17 level for the day. The stock recorded a low of $14.89 and closed the trading day at $15.15, in the green by 1.68%. The total traded volume for the day was 742,203. The stock had closed at $14.9 in the previous days trading.
The company Insiders own 28.8% of Guess? shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -0.56% . Institutional Investors own 77.21% of Guess? shares. During last six month period, the net percent change held by insiders has seen a change of -0.35%. Also, PiperJaffray downgrades its rating on Guess? (NYSE:GES). Analysts at the PiperJaffray have a current rating of Underweight on the shares. The shares were previously rated Neutral. The rating by the firm was issued on July 19, 2016.
Guess?, Inc. (GUESS?) designs, markets, distributes and licenses a collection of apparel and accessories for men, women and children. GUESS? operates through five segments: North American Retail, Europe, Asia, North American Wholesale and Licensing. The North American Retail segment includes the Companys retail and e-commerce operations in North America, and its retail operations in Central and South America. The Europe segment includes its wholesale, retail and e-commerce operations in Europe and the Middle East. The Asia segment includes its wholesale, retail and e-commerce operations in Asia. The North American Wholesale segment includes its wholesale operations in North America, and Central and South America. The Licensing segment includes the Companys licensing operations around the world. The Companys apparel is marketed under various trademarks, including GUESS, GUESS?, GUESS U.S.A., GUESS Jeans, MARCIANO, GUESS Kids, Baby GUESS, YES, G by GUESS, GUESS by MARCIANO and Gc.