Gildan Activewear (GIL) Hits New Lifetime High

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

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 $9.6 million.
  • GIL has traded 5,350 shares today.
  • GIL is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in GIL with the Ticky from Trade-Ideas. See the FREE profile for GIL NOW at Trade-Ideas

More details on GIL:

Gildan Activewear Inc. manufactures and sells apparel products in the United States, Canada, Europe, the Asia-Pacific, and Latin America. . It operates in two segments, Printwear and Branded Apparel. The stock currently has a dividend yield of 0.8%. GIL has a PE ratio of 31. Currently there are 11 analysts that rate Gildan Activewear a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Gildan Activewear has been 357,900 shares per day over the past 30 days. Gildan Activewear has a market cap of $7.8 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 16% year-to-date as of the close of trading on Monday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

If you liked this article you might like

Steady, Reliable V.F. Corp. Is a Great Income Stock to Buy Now

6 Mall Brands That Are Near Death or Have Already Dropped Dead

Stocks Build on Early Gains in Midday Trading, Nasdaq Moves Further into Record Territory

Gildan Wins Auction to Purchase American Apparel

5 Things You Must Know Before the Market Opens Tuesday