G-III Apparel Group Ltd. (NASDAQ: GIII) kicked off on Tuesday, up 3.99% from the previous trading day, before settling in for the closing price of $27.84. Over the past 52 weeks, GIII has traded in a range of $14.49-$35.68.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 3.01%. While this was happening, its average annual earnings per share was recorded -12.49%. With a float of $39.38 million, this company’s outstanding shares have now reached $45.73 million.
The extent of productivity of a business whose workforce counts for 4600 workers is very important to gauge.
G-III Apparel Group Ltd. (GIII) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Apparel Manufacturing Industry. The insider ownership of G-III Apparel Group Ltd. is 13.30%, while institutional ownership is 97.63%. The most recent insider transaction that took place on Dec 15 ’23, was worth 1,120,881. In this transaction Chief Financial Officer/Treas of this company sold 31,762 shares at a rate of $35.29, taking the stock ownership to the 55,977 shares. Before that another transaction happened on Oct 16 ’23, when Company’s Director sold 10,904 for $24.21, making the entire transaction worth $263,986. This insider now owns 20,166 shares in total.
G-III Apparel Group Ltd. (GIII) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -12.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -9.70% during the next five years compared to 6.42% growth over the previous five years of trading.
G-III Apparel Group Ltd. (NASDAQ: GIII) Trading Performance Indicators
Take a look at G-III Apparel Group Ltd.’s (GIII) current performance indicators. Last quarter, stock had a quick ratio of 2.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.42. Likewise, its price to free cash flow for the trailing twelve months is 2.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.78, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach 3.55 in one year’s time.
Technical Analysis of G-III Apparel Group Ltd. (GIII)
The latest stats from [G-III Apparel Group Ltd., GIII] show that its last 5-days average volume of 0.39 million was inferior to 0.63 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 70.72%. Additionally, its Average True Range was 1.03.
During the past 100 days, G-III Apparel Group Ltd.’s (GIII) raw stochastic average was set at 39.48%, which indicates a significant decrease from 92.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.12% in the past 14 days, which was lower than the 43.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.37, while its 200-day Moving Average is $26.89. Now, the first resistance to watch is $29.43. This is followed by the second major resistance level at $29.90. The third major resistance level sits at $30.68. If the price goes on to break the first support level at $28.18, it is likely to go to the next support level at $27.40. The third support level lies at $26.93 if the price breaches the second support level.
G-III Apparel Group Ltd. (NASDAQ: GIII) Key Stats
The company with the Market Capitalisation of 1.31 billion has total of 45,417K Shares Outstanding. Its annual sales at the moment are 3,098 M in contrast with the sum of 176,170 K annual income. Company’s last quarter sales were recorded 764,780 K and last quarter income was 28,850 K.
