Gap (The) (GPS) Shares are Down -0.58%

Gap (The) (GPS) has risen sharply, recording gains of 12.95% in the past 4 weeks. However, the stock has corrected -0.58% 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 10.21% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Gap (The) (NYSE:GPS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.30 and $25.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.64, notching a gain of 1.75% for the day. The total traded volume was 4,820,593 . The stock had closed at $25.20 on the previous day.

The stock has recorded a 20-day Moving Average of 5.34% and the 50-Day Moving Average is 19.33%. The Gap, Inc. is up 19.62% in the last 3-month period. Year-to-Date the stock performance stands at 6.76%.

Gap (The) (GPS) : The consensus price target for Gap (The) (GPS) is $21.63 for the short term with a standard deviation of $4.32. The most optimist securities analyst among the 19 who monitor the stock believes that the stock can reach $33, however, the pessimist price target for the company is $16.


The Gap, Inc. is an apparel retail company. The Company offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta and Intermix brands. In addition to operating in the specialty, outlet, online and franchise channels, Gap Inc. is an apparel retailer in using omni-channel capabilities for digital world and physical stores. Its omni-channel services include order-in-store, reserve-in-store, find-in-store and ship-from-store that are tailored across its portfolio of brands. Gap includes GapKids, babyGap, GapMaternity, GapBody and GapFit collections. It also offers handbags, shoes, jewelry, eyewear and personal care products, among others. It has Company-operated stores in the United States, Canada, the United Kingdom, France, Ireland, Japan, Italy, China and Hong Kong. It operates Gap, Banana Republic and Old Navy stores throughout Asia, Australia, Europe, Latin America, the Middle East and Africa.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.