Yahoo Finance Gildan (GIL) Soars: Stock Adds 5.8% in Session
Gildan Activewear Inc. GIL was a big mover last session, as the company saw its shares rise nearly 6% 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 $19.12 to $21.03 in the past one-month time frame.
The company has seen one positive estimate revision in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Gildan. 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.
Gildan currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Gildan Activewear, Inc. Price
Gildan Activewear, Inc. price | Gildan Activewear, Inc. Quote
A better-ranked stock in the Consumer Discretionary sector is Ralph Lauren Corporation RL, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Gildan Activewear, Inc. (GIL) : Free Stock Analysis Report
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