Guess? Inc. (GES) Plunges 8.08% on September 03

Equities Staff  |

Guess? Inc. (GES) had a rough trading day for Tuesday September 03 as shares tumbled 8.08%, or a loss of $-1.46 per share, to close at $16.61. After opening the day at $17.96, shares of Guess? Inc. traded as high as $17.96 and as low as $16.55. Volume was 2.78 million shares over 18,755 trades, against an average daily volume of 2.3 million shares and a total float of 71.64 million.

As a result of the decline, Guess? Inc. now has a market cap of $1.19 billion.

The stock has a P/E Ratio of 100.3.

In the last year, shares of Guess? Inc. have traded between a range of $25.00 and $13.34, and its 50-day SMA is currently $15.84 and 200-day SMA is $18.59.

For a complete fundamental analysis of Guess? Inc., check out Equities.com’s Stock Valuation Analysis report for GES.

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Guess designs, markets, distributes, and licenses contemporary apparel and accessories that reflect European fashion sensibilities under brands including Guess, Marciano, and G by Guess. Apparel is sold both through wholesale accounts and retail storefronts with nearly 1,700 stores (as of the third quarter of fiscal 2019) and concessions, operated directly and through licensees. The company has a global presence, with about 40% of revenue generated in the Americas.

Guess? Inc. is based out of Los Angeles, CA and has some 15,700 employees. Its CEO is Carlos Alberini.

Guess? Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Guess? Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: GES’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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