G-III Apparel Group LTD. (GIII) Plunges 5.88% on December 10

Equities Staff  |

G-III Apparel Group LTD. (GIII) had a rough trading day for Monday December 10 as shares tumbled 5.88%, or a loss of $-1.93 per share, to close at $30.92. After opening the day at $32.86, shares of G-III Apparel Group LTD. traded as high as $33.47 and as low as $30.39. Volume was 1.57 million shares over 13,453 trades, against an average daily volume of n/a shares and a total float of 49.36 million.

As a result of the decline, G-III Apparel Group LTD. now has a market cap of $1.53 billion.

The stock has a P/E Ratio of 14.7.

In the last year, shares of G-III Apparel Group LTD. have traded between a range of $51.20 and $30.36, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of G-III Apparel Group LTD., check out Equities.com’s Stock Valuation Analysis report for GIII.

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G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by us from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.

G-III Apparel Group LTD. is based out of New York, NY and has some 10,851 employees. Its CEO is Morris Goldfarb.

G-III Apparel Group LTD. 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 G-III Apparel Group LTD. and to follow the company’s latest updates, you can visit the company’s profile page here: GIII’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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