Gildan Activewear (GIL) Reaches New Lifetime High Today

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Trade-Ideas LLC identified Gildan Activewear ( GIL) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Gildan Activewear as such a stock due to the following factors:

  • GIL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $8.1 million.
  • GIL has traded 1,900 shares today.
  • GIL is trading at a new lifetime high.

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More details on GIL:

Gildan Activewear Inc. manufactures and sells apparel products in the United States, Canada, Europe, and the Asia-Pacific region. It operates in two segments, Printwear and Branded Apparel. The stock currently has a dividend yield of 0.7%. GIL has a PE ratio of 22.4. Currently there are 8 analysts that rate Gildan Activewear a buy, no analysts rate it a sell, and 3 rate it a hold.

The average volume for Gildan Activewear has been 208,400 shares per day over the past 30 days. Gildan Activewear has a market cap of $7.3 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 12.7% year-to-date as of the close of trading on Wednesday.

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