Gildan Activewear Inc ( GIL) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods loser. The sector as a whole closed the day down 0.7%. By the end of trading, Gildan Activewear Inc fell $7.52 (-31.5%) to $16.36 on heavy volume. Throughout the day, 5.8 million shares of Gildan Activewear Inc exchanged hands as compared to its average daily volume of 412,000 shares. The stock ranged in price between $16.33-$17.75 after having opened the day at $17.75 as compared to the previous trading day's close of $23.88. Other company's within the Consumer Goods sector that declined today were: Shiner International Inc ( BEST), down 22.8%, Glg Life Tech ( GLGL), down 16.5%, CTI Industries Corporation ( CTIB), down 11.8%, and Champion Industries ( CHMP), down 11.1%. Gildan Activewear Inc. manufactures and sells T-shirts, activewear, underwear, and socks to wholesale screen printers, embroiderers, and retailers in North America, Europe, and internationally. It sells T-shirts, fleece, and sport shirts under the Gildan brand name. Gildan Activewear Inc has a market cap of $2.82 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 11.5, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 16.2% year to date as of the close of trading on Wednesday. TheStreet Ratings rates Gildan Activewear as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.