For the readers interested in the stock health of G-III Apparel Group Ltd. (GIII). It is currently valued at $21.51. When the trading was stopped its value was $21.48.Recently in News on September 7, 2022, G-III Apparel Group, Ltd. Announces Second Quarter Fiscal 2023 Results. — Net Sales of $605.2 Million for the Second Quarter Compared to $483.1 Million Last Year —— Net Income Per Diluted Share of $0.74 for the Second Quarter Compared to $0.39 Last Year —— Non-GAAP Net Income Per Diluted Share of $0.39 for the Second Quarter Compared to $0.41 Last Year —— G-III Updates Guidance for Fiscal Year 2023 —. You can read further details here
G-III Apparel Group Ltd. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $31.70 on 03/21/22, with the lowest value was $14.37 for the same time period, recorded on 09/30/22.
G-III Apparel Group Ltd. (GIII) full year performance was -33.26%
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, G-III Apparel Group Ltd. shares are logging -34.76% during the 52-week period from high price, and 49.69% 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 $14.37 and $32.97.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 321872 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the G-III Apparel Group Ltd. (GIII) recorded performance in the market was -22.18%, having the revenues showcasing -9.01% 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 997.20M, as it employees total of 2900 workers.
The Analysts eye on G-III Apparel Group Ltd. (GIII)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 19.62, with a change in the price was noted +1.08. In a similar fashion, G-III Apparel Group Ltd. posted a movement of +5.29% for the period of last 100 days, recording 582,267 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 GIII is recording 0.36 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.31.
Technical rundown of G-III Apparel Group Ltd. (GIII)
Raw Stochastic average of G-III Apparel Group Ltd. in the period of last 50 days is set at 97.54%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 95.63%. In the last 20 days, the company’s Stochastic %K was 90.08% and its Stochastic %D was recorded 86.64%.
Considering, the past performance of G-III Apparel Group Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -22.18%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -4.74%, alongside a downfall of -33.26% for the period of the last 12 months. The shares increased approximately by 6.49% in the 7-day charts and went down by 15.83% in the period of the last 30 days. Common stock shares were lifted by -9.01% during last recorded quarter.