Shares of GIII traded higher by 5.49% or $1.785/share to $34.30. NASDAQ is trading at a price to book ratio of 1.56. The PEG is 0.58 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.5. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 169510 shares of GIII exchange hands on a given day and today's volume is recorded at 69308. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
G-III Apparel Group, Ltd. (G-III) designs, manufactures and markets a range of apparel, including outerwear, dresses, sportswear, women?s suits and women?s performance wear, as well as luggage and women?s handbags, small leather goods and cold weather accessories.
