G-III Apparel Group LTD. (GIII) Shares are Down -4.08%

G-III Apparel Group LTD. (GIII) : During the past 4 weeks, traders have been relatively bearish on G-III Apparel Group LTD. (GIII), hence the stock is down -10.87% 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 -4.24% relative to the S&P 500. The 4-week change in the price of the stock is -11.34% and the stock has fallen -4.08% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.61% and the 50-Day Moving Average is 21.16%.The 200 Day SMA reached 33.33%

G-III

G-III Apparel Group LTD. (NASDAQ:GIII): After opening at $28.84, the stock dipped to an intraday low of $28.47 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $29.35 and the buying power remained strong till the end. The stock closed at $29.15 for the day, a gain of 1.29% for the day session. The total traded volume was 1,108,397. The stocks close on the previous trading day was $29.15.

G-III Apparel Group LTD. (GIII) : The highest level G-III Apparel Group LTD. (GIII) is projected to reach is $58 for the short term and the lowest estimate is at $28. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $40.78 and the possibility the share price can swing is $10.57.

G-III Apparel Group, Ltd. designs, manufactures, and markets a range of apparel products. The Companys apparel products include outerwear, dresses, sportswear, swimwear, womens suits and womens performance wear, as well as footwear, luggage and womens handbags, small leather goods and cold weather accessories. The Company operates through three segments, Licensed Products, Non-Licensed Products, and Retail Operations. The Licensed products segment includes sales of products under brands licensed by the Company from third parties. The Non-licensed products segment includes sales of products under its own brands and under private label brands. The retail operations segment consists primarily of its Wilsons Leather and G.H. Bass stores, as well as Calvin Klein Performance stores.

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