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G-III Apparel Group, Ltd. (NASDAQ:GIII) has been downgraded to Hold in a statement by TheStreet earlier today.

TheStreet has downgraded G-III Apparel Group, Ltd.(NASDAQ:GIII) to Hold in a report released on 9/14/2016.

On 8/31/2016, Telsey Advisory Group released a statement about G-III Apparel Group, Ltd.(NASDAQ:GIII) dropped the target price from $45.00 to $37.00 that suggested an upside of 0.12%.

Yesterday G-III Apparel Group, Ltd. (NASDAQ:GIII) traded 1.96% higher at $29.68. G-III Apparel Group, Ltd.’s 50-day average is $38.06 and its two hundred day moving average is $43.83. With the last stock price down 32.28% relative to the two hundred day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time. Volume of trade was was down over the average, with 520,292 shares of GIII changing hands under the typical 824,440 shares..

Performance Graph:

G-III Apparel Group, Ltd. (NASDAQ:GIII)

With a total market value of $0.0, G-III Apparel Group, Ltd. has a price-earnings of 14 with a 52 week low of $28.77 and a one-year high of $69.76.

A total of 7 brokers have released a report on the company. Two analysts rate the stock a strong buy, five analysts rate the stock a buy, one analyst rate the stock a hold, 0 rate the stock to underperform, and finally 0 analystsrate the stock as sell with a 12-month target of $53.43

General Information About G-III Apparel Group, Ltd. (NASDAQ:GIII)

G-III Apparel Group, Ltd. (G-III) designs, manufactures and markets a range of apparel products. The Company operates through two segments: wholesale operations, which consists of its licensed products and non-licensed products, and includes sales of products under brands licensed by the Company from third parties, as well as sales of products under its own brands and private label brands, and retail operations, which consists of the Wilsons Leather and G.H. Bass stores, as well as a limited number of Calvin Klein Performance stores. Its apparel products include outerwear, dresses, sportswear and swimwear, as well as women’s handbags, footwear and luggage. It sells products under its own brands, including Vilebrequin, G.H. Bass, Bass, Andrew Marc and Marc New York; licensed brands, and private retail labels. Its products are sold through retailers, such as Macy’s, Bloomingdale’s, Nordstrom, Lord & Taylor, Dillard’s, The Bon-Ton Stores, and Saks Fifth Avenue and JC Penney.

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