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G-III Apparel Group (GIII) Surges: Stock Moves 6.5% Higher

Zacks Equity Research
·2 mins read

G-III Apparel Group, Ltd. GIII was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $10.04 to $13.24 in the past one-month time frame.

The company has seen one positive estimate revision in the past month, while its Zacks Consensus Estimate for the current quarter has also moved higher in the same time frame, suggesting that more solid trading could be ahead for G-III Apparel Group. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

G-III Apparel Group currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

G-III Apparel Group, Ltd. Price

GIII Apparel Group, LTD. Price
GIII Apparel Group, LTD. Price

G-III Apparel Group, Ltd. price | G-III Apparel Group, Ltd. Quote

A better-ranked stock in the Textile – Apparel industry is Crocs, Inc. CROX, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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