G-III Apparel Shares Down 18.1% Since SmarTrend's Sell Call (GIII)
SmarTrend identified a Downtrend for G-III Apparel (NASDAQ:GIII) on August 30th, 2016 at $34.27. In approximately 2 months, G-III Apparel has returned 18.12% as of today's recent price of $28.06.
In the past 52 weeks, shares of G-III Apparel have traded between the current low of $27.82 and a high of $73.93 and are now at $28.06. The 200-day and 50-day moving averages have moved 0.94% lower and 0.73% lower over the past week, respectively.
G-III Apparel Group, Ltd. manufactures and distributes leather and non-leather outerwear apparel. The Company has fashion licenses with Kenneth Cole, Jones Apparel Group, Cole Haan, and Timberland. GIII own labels GIII, Siena Studio, Colebrook & Co, JLC, JL Colebrook, and ColeB. G-III also has licensing agreements with the NFL, NHL, NBA, and MLB.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of G-III Apparel.
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