Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. G-III Apparel Group Ltd’s current trading price is -2.27% away from its 52-week high, while its distance from the 52-week low is 68.82%. The stock’s price range during this period has varied between $20.66 and $35.68. The company, active in the Consumer Cyclical sector, saw a trading volume of around 1.03 million for the day, considerably higher average daily volume of 0.45 million observed over the last three months.
G-III Apparel Group Ltd had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $35.68 on 12/15/23, while the lowest price during the same period was $20.66 on 08/05/24.
How Financial Performance Impacts Market Capitalization
G-III Apparel Group Ltd (GIII) has experienced a quarterly rise of 14.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.53B and boasts a workforce of 4600 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.21, with a change in price of +9.33. Similarly, G-III Apparel Group Ltd recorded 469,891 in trading volume during the last 100 days, posting a change of +36.53%.
How GIII’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GIII stands at 0.32. Similarly, the long-term debt-to-equity ratio is also 0.32.
GIII Stock Stochastic Average
As of today, the raw stochastic average of G-III Apparel Group Ltd over the last 50 days is at 93.80%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 93.64%. Further, the company’s Stochastic %K and %D values for the last 20 days were 87.11% and 80.64%, respectively.
GIII Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 2.62%. However, over the past six months, we’ve seen a weaker performance of 28.81%. The price of GIII fallen by 12.99% over the last 30 days. And in the last five days, it has surged by 9.79%.
