Shares of Gildan Activewear (GIL) Sees Large Inflow of Net Money Flow

Gildan Activewear (GIL) : Mondays money flow data in Gildan Activewear (GIL) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $0.81 million, whereas, $0.09 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 8.58, in favor of the bulls. The total money flow into the stock was $0.72 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.75 million. The total value of block trades done on upticks was $0.75 million. Gildan Activewear (GIL) fell $0.05 and traded at $31.48, down -0.16% for the day, over previous days close. On a weekly basis, the shares are 4.93% over the previous weeks close.


Gildan Activewear Inc. is up 3.26% in the last 3-month period. Year-to-Date the stock performance stands at 11.1%. Shares of Gildan Activewear Inc. rose by 4.28% in the last five trading days and 9.64% for the last 4 weeks.

Gildan Activewear (NYSE:GIL): On Mondays trading session , Opening price of the stock was $31.97 with an intraday high of $32.2. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $31.26. However, the stock managed to close at $31.4, a loss of 0.41% for the day. On the previous day, the stock had closed at $31.53. The total traded volume of the day was 320,112 shares.

Gildan Activewear Inc. (Gildan) supplies branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The Company markets its products under a diversified portfolio of Company-owned brands, including the Gildan, Gold Toe, Anvil brands and brand extensions, Secret, Silks, Therapy Plus and Kushyfoo, as well as under licensing arrangements for the Under Armour, Mossy Oak and New Balance brands. It operates in two segments, Printwear and Branded Apparel. The Company owns and operates manufacturing facilities which are primarily located in Central America and the Caribbean Basin. The Company manufactures and sells apparel products in the United States, Canada, Europe, and the Asia-Pacific region.

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