Gap (The) (GPS) : During the past 4 weeks, traders have been relatively bearish on Gap (The) (GPS), hence the stock is down -11.29% 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 -0.45% relative to the S&P 500. The stock has risen by 0.09% in the past week indicating that the buyers are active at lower levels, but the stock is down -13.09% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 6.35% and the 50-Day Moving Average is 5.21%.The 200 Day SMA reached 1.99% The Gap, Inc. is up 17.37% in the last 3-month period. Year-to-Date the stock performance stands at -2.69%.
Gap (The) (GPS) : The highest level Gap (The) (GPS) is projected to reach is $33 for the short term and the lowest estimate is at $16. The consolidated price target from 21 rating analysts who initiate coverage on the stock is $23.57 and the possibility the share price can swing is $4.04.
For this week, the average consensus of the company shares are rated as a Strong Buy. Gap (The) (NYSE:GPS): stock was range-bound between the intraday low of $23.255 and the intraday high of $23.67 after having opened at $23.46 on Fridays session. The stock finally closed in the red at $23.46, a loss of -0.85%. The stock remained in the red for the whole trading day. The total traded volume was 5,056,157 shares. The stock failed to cross $23.67 in Fridays trading. The stocks closing price on Thursday was $23.57.
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.