G-III Apparel Group Ltd (NASDAQ:GIII) shares, rose in value, with the stock price up by 2.89% to the previous day’s close as strong demand from buyers drove the stock to $24.22.
Actively observing the price movement in the last trading, the stock closed the session at $23.54, falling within a range of $23.245 and $24.375. The value of beta (5-year monthly) was 1.634 whereas the PE ratio was 5.66 over 12-month period. Referring to stock’s 52-week performance, its high was $36.18, and the low was $20.66. On the whole, GIII has fluctuated by -9.39% over the past month.
With the market capitalization of G-III Apparel Group Ltd currently standing at about $1.06 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.11B, with a low estimate of 578.24M and a high estimate of 580.2M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 579.48M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GIII’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of GIII currently trading nearly -5.75% and -9.65% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.72, while the 7-day volatility ratio is showing 4.57% which for the 30-day chart, stands at 5.55%. Furthermore, G-III Apparel Group Ltd (GIII)’s beta value is 1.44, and its average true range (ATR) is 1.47.
A comparison of G-III Apparel Group Ltd (GIII) with its peers suggests the former has fared considerably weaker in the market. GIII showed an intraday change of 2.89% in last session, and over the past year, it shrunk by -12.72%%.
Data on historical trading for G-III Apparel Group Ltd (NASDAQ:GIII) indicates that the trading volumes over the past 10 days have averaged 0.82 and over the past 3 months, they’ve averaged 625.55K. According to company’s latest data on outstanding shares, there are 43.89 million shares outstanding.
Nearly 14.04% of G-III Apparel Group Ltd’s shares belong to company insiders and institutional investors own 100.61% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.67 million shares as on 2025-03-31, resulting in a short ratio of 6.23. According to the data, the short interest in G-III Apparel Group Ltd (GIII) stood at 1648.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 5.3 million. The stock has fallen by -25.75% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GIII stock heading into the next quarter.
