HanesBrands Inc (HBI) is Trading Lower on Unusual Volume for February 05

Equities Staff |

HanesBrands Inc (HBI) experienced unusually high volume on Feb. 05, as the stock lost 15.21% to a closing price of $24.92. The stock saw 22.71 million shares trade hands over the course of the day on 92,529 trades. Given that the stock’s average daily volume over the last month has been 3.44 million shares a day, this represents a pretty substantial spike over the norm.

HanesBrands Inc has a P/B ratio of 7.81. It also has a P/E ratio of 30.9. The stock has traded between $34.80 and $25.92 over the last 52-weeks, its 50-day SMA is now $29.90, and its 200-day SMA $30.73.

Hanesbrands Inc is a consumer goods company with a portfolio of apparel brands. It designs, manufactures, sources and sells a range of apparel essentials such as t-shirts, innerwear, casualwear, activewear, socks and hosiery.

Headquartered in Winston-Salem, NC, HanesBrands Inc has 59,500 employees and is currently under the leadership of CEO Richard A. Noll.

For a complete fundamental analysis analysis of HanesBrands Inc, check out Equities.com’s Stock Valuation Analysis report for HBI. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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

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