G-III Apparel Group LTD. (NASDAQ:GIII) traded today at a new 52-week high of $32.87. Approximately 145,000 shares have changed hands today, as compared to an average 30-day volume of 506,000 shares.
There is potential upside of 328.5% for shares of G-III Apparel Group LTD. based on a current price of $32.40 and an average consensus analyst price target of $138.82.
G-III Apparel Group LTD. share prices have moved between a 52-week high of $32.87 and a 52-week low of $2.96 and are now trading 994% above that low price at $32.40 per share.
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.
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