Guess? Target of Unusually High Options Trading (NYSE:GES)

Guess?, Inc. (NYSE:GES - Get Free Report) was the target of unusually large options trading on Friday. Stock investors purchased 5,815 put options on the stock. This is an increase of 583% compared to the typical daily volume of 852 put options.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Telsey Advisory Group decreased their price objective on Guess? from $21.00 to $18.00 and set a "market perform" rating on the stock in a report on Wednesday, November 27th. UBS Group dropped their price objective on shares of Guess? from $18.00 to $16.00 and set a "neutral" rating for the company in a research note on Wednesday, November 27th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $25.00.

Guess? Trading Up 3.2 %

NYSE GES traded up $0.31 on Tuesday, hitting $9.99. 2,137,115 shares of the stock were exchanged, compared to its average volume of 1,161,893. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.74 and a current ratio of 1.54. The stock has a fifty day moving average price of $12.71 and a two-hundred day moving average price of $16.25. The firm has a market capitalization of $513.80 million, a P/E ratio of 8.39 and a beta of 1.88. Guess? has a 52-week low of $9.43 and a 52-week high of $33.50.

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Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of GES. Quarry LP raised its position in Guess? by 216.9% in the 3rd quarter. Quarry LP now owns 3,359 shares of the company's stock worth $68,000 after purchasing an additional 2,299 shares during the period. EMC Capital Management raised its position in Guess? by 158.0% in the 4th quarter. EMC Capital Management now owns 9,908 shares of the company's stock worth $139,000 after purchasing an additional 6,068 shares during the period. Freestone Grove Partners LP purchased a new stake in Guess? in the 4th quarter worth about $171,000. Point72 Hong Kong Ltd purchased a new position in Guess? during the 4th quarter valued at $175,000. Finally, Jump Financial LLC purchased a new position in Guess? during the 4th quarter valued at $191,000. 61.74% of the stock is owned by hedge funds and other institutional investors.

Guess? Company Profile

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.