At the end of the latest market close, The Gap Inc. (GPS) was valued at $23.86. In that particular session, Stock kicked-off at the price of $24.10 while reaching the peak value of $24.42 and lowest value recorded on the day was $23.99. The stock current value is $24.36.Recently in News on September 13, 2021, Gap Inc. Announces Pricing of Offering of $1.5 Billion of Senior Notes. The Gap, Inc. (NYSE: GPS) (“Gap Inc.”) today announced it priced an offering (the “Offering”) of $750 million aggregate principal amount of its 3.625% Senior Notes due 2029 (the “2029 Notes”) and $750 million aggregate principal amount of its 3.875% Senior Notes due 2031 (the “2031 Notes” and, together with the 2029 Notes, the “Notes”), each at an offering price of 100% of the principal amount thereof. The Notes will be guaranteed on a senior unsecured basis, jointly and severally, by each of our existing wholly owned domestic subsidiaries that is a borrower or guarantor under our existing ABL Credit Agreement. The closing of the offering of the Notes is expected to occur on or about September 27, 2021, subject to the satisfaction of customary closing conditions. You can read further details here
The Gap Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $37.63 on 05/18/21, with the lowest value was $19.10 for the same time period, recorded on 01/04/21.
The Gap Inc. (GPS) full year performance was 46.39%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, The Gap Inc. shares are logging -35.26% during the 52-week period from high price, and 54.57% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $15.76 and $37.63.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 6694860 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the The Gap Inc. (GPS) recorded performance in the market was 20.65%, having the revenues showcasing -24.91% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 9.45B, as it employees total of 117000 workers.
The Analysts eye on The Gap Inc. (GPS)
During the last month, 4 analysts gave the The Gap Inc. a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 19 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 30.90, with a change in the price was noted -8.45. In a similar fashion, The Gap Inc. posted a movement of -25.75% for the period of last 100 days, recording 6,615,707 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for GPS is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.74.
Technical rundown of The Gap Inc. (GPS)
Raw Stochastic average of The Gap Inc. in the period of last 50 days is set at 5.14%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 9.52%. In the last 20 days, the company’s Stochastic %K was 6.36% and its Stochastic %D was recorded 5.78%.
Considering, the past performance of The Gap Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 20.65%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -24.47%, alongside a boost of 46.39% for the period of the last 12 months. The shares increased approximately by -2.99% in the 7-day charts and went up by -18.80% in the period of the last 30 days. Common stock shares were lifted by -24.91% during last recorded quarter.