• Clarence Martin

Guess?, Inc. (NYSE:GES) Traded Significantly Above Its 50 Day Moving Average


Shares of the company are trading at $15.99 which is significantly above $13.55, the 50 day moving average and quite a bit higher than the 200 day moving average of $12.04. The 50 day moving average was up $2.44 and the 200 day average went up by +32.76%. Trading volume for Guess?, Inc. was 1,357K on Tuesday. Overall, volume was down 30.04% under the stocks normal daily volume.

Short traders are feeling a little more bearish on shares of Guess?, Inc. recently if you evaluate the rise in short interest. The firm realized a rise in short interest between July 31, 2017 and August 15, 2017 of 1.67%. Short interest grew 181,830 over that timeframe. The days to cover increased to 9.0 and the percentage of shorted shares is 0.13% as of August 15.

Here is the rundown on market activity for Guess?, Inc. (NYSE:GES). Amigo Victor Herrero, CEO purchased $38,306 worth of shares at an average price of $11.70 on Mon the 26th. The CEO now owns $4,596,322 of the stock as reported to the SEC.

Here are some other firms who have updated their holdings. Jane Street Group, LLC cut its position by selling 59,868 shares a decrease of 75.1%. Jane Street Group, LLC owns 19,800 shares valued at $253,000. The total value of its holdings decreased 71.5%. As of quarter end Spot Trading L.l.c had disposed of 65,133 shares trimming its position 86.2%. The value of the company’s investment in Guess?, Inc. decreased from $915,000 to $117,000 a change of 87.2% for the reporting period.

Vident Investment Advisory, LLC trimmed its investment by shedding 106,013 shares a decrease of 95.0% as of 06/30/2017. Vident Investment Advisory, LLC controls 5,543 shares worth $71,000. The value of the position overall is down by 94.3%. Ubs Group Ag reduced its holdings by shedding 889 shares a decrease of 20.4% from 03/31/2017 to 06/30/2017. Ubs Group Ag now controls 3,463 shares with a value of $44,000. The total value of its holdings decreased 10.2%.

On August 9 the stock rating was downgraded to “Hold” from “Buy” by Standpoint Research.

The company is so far trading up since yesterday’s close of $15.355. Guess?, Inc. recently declared a dividend to be paid on Friday September 22nd, 2017. The dividend payment will be $0.225 per share for the quarter or $0.90 annualized. This dividend represents a yield of $5.63. The ex-dividend date has been established as Friday the 1st of September 2017.

The P/E ratio is currently 146.70 and the market cap of the company is 1.32B. In the last earnings report the EPS was $0.11 and is estimated to be $0.58 for the current year with 82,396,000 shares now outstanding. Next quarter’s EPS is estimated at $0.51 with next year’s EPS projected to be $0.75.

Guess?, Inc., launched on August 3, 1993, designs, markets, distributes and licenses a lifestyle collections of apparel and accessories for men, women and children. The Company operates through five segments: Americas Retail, Europe, Asia, Americas Wholesale and Licensing. The Business’s apparel is marketed under various names, including GUESS, GUESS?, GUESS U.S.A., GUESS Jeans, GUESS? and Triangle Design, MARCIANO, Question Mark and Triangle Design, G and M, GUESS Kids, Baby GUESS, YES, G by GUESS, GUESS by MARCIANO and Gc. The lines include collections of clothing, including jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, knitwear and intimate apparel. The Company also grants licenses to manufacture and distribute a range of products that complement its apparel lines, including eyewear, watches, handbags, footwear, kids’ and infants’ apparel, outerwear, fragrance, jewelry and other fashion accessories. It also offers specialty product lines that include MARCIANO, targeted to women and men, and GUESS Kids, targeted to boys and girls ages 6 to 12. Its products are sold through direct-to-consumer, wholesale and licensing distribution channels.

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