G-III Apparel Group, Ltd. (GIII - Free Report) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $23.41 – $27.41 in the past one-month time frame, witnessed a sharp increase yesterday.
The company’s Zacks Consensus Estimate for the current quarter has moved higher over the past few months, suggesting that more solid trading could be ahead for G-III Apparel Group. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
G-III Apparel Group currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the same sector is Guess?, Inc. (GES - Free Report) , holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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