G-III Apparel Group Ltd (NASDAQ: GIII) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

G-III Apparel Group Ltd is listed on the NASDAQ in the Consumer Cyclical sector while operating in the Apparel Manufacturing industry. The current market capitalization of G-III Apparel Group Ltd is $1.21B. A total of 0.52 million shares were traded on the day, compared to an average of 623.48K shares.

In the most recent transaction, GOLDFARB MORRIS sold 100,000 shares of GIII for 31.59 per share on Sep 24 ’24. After the transaction, the CEO now owns 3,990,085 company shares. In a previous transaction on Sep 26 ’24, GOLDFARB MORRIS sold 67,014 shares at 30.30 per share. GIII shares that CEO owns now total 3,923,071.

Among the insiders who bought shares, MORRIS GOLDFARB & ARLENE GOLDF acquired of 67,014 shares on Sep 26 ’24 at a per-share price of $30.29. In another insider transaction, MORRIS GOLDFARB& ARLENE GOLDFA bought 100,000 shares at $31.59 per share on Sep 24 ’24.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, GIII has a high of $36.18 and a low of $20.66.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. GIII’s latest balance sheet shows that the firm has $465.98M in Cash & Short Term Investments as of fiscal 2022. There were $705.21M in debt and $510.81M in liabilities at the time. Its Book Value Per Share was $38.27, while its Total Shareholder’s Equity was $1.52B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GIII is Buy with a score of 3.40.

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