Shares of Gildan Activewear Inc. Class A Sub. Vot. (NYSE:GIL) traded at a new 52-week high today of $35.39. Approximately 152,000 shares have changed hands today, as compared to an average 30-day volume of 337,000 shares.
In the past 52 weeks, Gildan Activewear Inc. Class A Sub. Vot. share prices are bracketed by a low of $11.96 and a high of $35.39 and is now at $35.20, 194% above that low price.
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts to wholesalers and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America. The Montreal-based company generates most of its sales in the U.S. and was incorporated in 1984.
Gildan Activewear Inc. Class A Sub. Vot. (NYSE:GIL) is currently priced 7.7% above its average consensus analyst price target of $32.49.
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