Shares of GIII traded higher by 23.97% or $4.88/share to $25.24. G-III Apparel Group, Ltd. is trading at a price to book ratio of 1.31. The PEG is 0.42 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.35. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 312428 shares of GIII exchange hands on a given day and today's volume is recorded at 1193220. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
G-III Apparel Group, Ltd. (G-III) designs, manufactures and markets a range of outerwear, women?s sportswear and dresses, including coats, jackets, pants, women?s suits and women?s performance wear.
