Stock Rating Upgrade
The Value Trend Rating for G III Apparel Group Ltd (NASDAQ: GIII) improved of late from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
G III Apparel Group Ltd (NASDAQ: GIII) stock rose slightly by 0.03% on 11/29/24. The stock closed at $29.63. However, unusually low trading volume at 58% of normal accompanied the advance. The stock has risen 3.7% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
G III Apparel Group has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. G III Apparel Group has a neutral Power Rating of 50 but a good Appreciation Score of 78, and the Positive Value Trend Rating results.
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