Guess?, Inc. (NYSE:GES - Get Free Report) was down 3.2% during mid-day trading on Monday . The stock traded as low as $11.65 and last traded at $11.59. Approximately 246,890 shares were traded during trading, a decline of 83% from the average daily volume of 1,484,256 shares. The stock had previously closed at $11.97.
Analyst Ratings Changes
A number of analysts recently commented on GES shares. Telsey Advisory Group dropped their price target on Guess? from $18.00 to $13.00 and set a "market perform" rating for the company in a research note on Wednesday. UBS Group cut their target price on shares of Guess? from $15.00 to $12.00 and set a "neutral" rating for the company in a research report on Tuesday, March 11th.
Check Out Our Latest Research Report on GES
Guess? Trading Up 2.0 %
The stock has a market capitalization of $601.74 million, a PE ratio of 9.83 and a beta of 1.87. The company's 50 day moving average price is $11.87 and its two-hundred day moving average price is $15.22. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.54 and a quick ratio of 0.74.
Institutional Investors Weigh In On Guess?
Several hedge funds have recently made changes to their positions in the business. Quarry LP raised its position in shares of Guess? by 216.9% in the 3rd quarter. Quarry LP now owns 3,359 shares of the company's stock valued at $68,000 after purchasing an additional 2,299 shares in the last quarter. EMC Capital Management lifted its holdings in Guess? by 158.0% in the 4th quarter. EMC Capital Management now owns 9,908 shares of the company's stock valued at $139,000 after acquiring an additional 6,068 shares during the last quarter. Freestone Grove Partners LP acquired a new position in shares of Guess? in the 4th quarter worth $171,000. Point72 Hong Kong Ltd acquired a new stake in shares of Guess? during the fourth quarter worth approximately $175,000. Finally, Jump Financial LLC bought a new position in Guess? during the fourth quarter valued at about $191,000. Institutional investors and hedge funds own 61.74% of the company's stock.
About Guess?
(
Get Free Report)
Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company's clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, activewear, knitwear, and intimate apparel.
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