Guess?, Inc. GES was a big mover last session, as the company saw its shares rise over 19% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.22 to $14.11 in the past one-month time frame.
The move came after the company reported solid second-quarter 2017 results and shared a bullish outlook.
The company has seen its Zacks Consensus Estimate for the current quarter has moved higher over the past few months, suggesting that more solid trading could be ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Guess? currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another player in the Textile – Apparel industry, which looks attractive at current levels is Crocs, Inc. CROX, which hasthe same Zacks Rank as Guess?. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is GES going up? Or down? Predict to see what others think: Up or Down
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