Gildan Activewear Inc (GIL): Investing In A Time Of Crisis

Gildan Activewear Inc (NYSE:GIL) currently has a daily average trading volume of 599.38K but it saw 283871 shares traded in last market. With a market cap of 7.65B USD, the company’s current market price of $49.56 came rising about 0.02 while comparing to the previous closing price of $49.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $50.58 and as low as $30.68. In the recent trading on the day, stock has struck highest price mark of $49.34 while lowest mark touched by it was $49.88.

Taking a look at 20-day trading activity of Gildan Activewear Inc (GIL) gives us an average price of $49.16, while its current price level is -2.02% below from 52-week high level whereas it is 61.54% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $48.01 while that of 200 days or SMA-200 reads an average of $40.51. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.42% during that period while stretching the period over a month that increases to 1.92%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 59.55 which implies that the stock is in neutral territory.

Over the week, GIL’s stock price is moving 1.12% up while it is 2.02% when we observe its performance for the past one month. Year-to-date it is 49.91% up and over the past year, the stock is showing an upside performance of 38.67%.

Currently, Gildan Activewear Inc’s total number of outstanding shares is 169.99M. Company’s return on investment (ROI) stands at 14.88% and return on equity (ROE) at 23.71%. It has a price to earnings ratio (P/E ratio) of 19.65 while having a 14.34 of forward P/E ratio. Stock’s beta reads 1.41. Stock has a price to book (P/B) ratio of 4.96 while price to sale or P/S ratio amounts to 2.37. Its return on asset (ROA) is 11.55% on average.