In the past week, GES stock has gone down by -8.98%, with a monthly decline of -8.94% and a quarterly plunge of -2.37%. The volatility ratio for the week is 4.40%, and the volatility levels for the last 30 days are 3.05% for Guess’ Inc. The simple moving average for the last 20 days is -6.78% for GES stock, with a simple moving average of 4.86% for the last 200 days.
Is It Worth Investing in Guess’ Inc. (NYSE: GES) Right Now?
The price-to-earnings ratio for Guess’ Inc. (NYSE: GES) is above average at 10.99x. The 36-month beta value for GES is also noteworthy at 1.96. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for GES is 28.26M, and at present, short sellers hold a 18.92% of that float. The average trading volume of GES on March 16, 2023 was 630.05K shares.
GES) stock’s latest price update
Guess’ Inc. (NYSE: GES)’s stock price has decreased by -5.22 compared to its previous closing price of 21.27. Despite this, the company has seen a fall of -8.98% in its stock price over the last five trading days. The Wall Street Journal reported on 02/07/22 that Guess Investor Wants Marcianos Out
Analysts’ Opinion of GES
In the past week, GES stock has gone down by -8.98%, with a monthly decline of -8.94% and a quarterly plunge of -2.37%. The volatility ratio for the week is 4.40%, and the volatility levels for the last 30 days are 3.05% for Guess’ Inc. The simple moving average for the last 20 days is -6.78% for GES stock, with a simple moving average of 4.86% for the last 200 days.
Analysts’ Opinion of GES
Many brokerage firms have already submitted their reports for GES stocks, with Jefferies repeating the rating for GES by listing it as a “Buy.” The predicted price for GES in the upcoming period, according to Jefferies is $46 based on the research report published on November 30th of the previous year 2021.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see GES reach a price target of $33, previously predicting the price at $27. The rating they have provided for GES stocks is “Market Perform” according to the report published on May 28th, 2021.
Telsey Advisory Group gave a rating of “Market Perform” to GES, setting the target price at $24 in the report published on March 26th of the previous year.
GES Trading at -8.73% from the 50-Day Moving Average
After a stumble in the market that brought GES to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.25% of loss for the given period.
Volatility was left at 3.05%, however, over the last 30 days, the volatility rate increased by 4.40%, as shares sank -9.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.56% lower at present.
During the last 5 trading sessions, GES fell by -8.98%, which changed the moving average for the period of 200-days by +0.45% in comparison to the 20-day moving average, which settled at $21.52. In addition, Guess’ Inc. saw -2.56% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GES starting from CHIDONI ANTHONY, who sale 10,000 shares at the price of $16.60 back on Sep 19. After this action, CHIDONI ANTHONY now owns 199,552 shares of Guess’ Inc., valued at $166,000 using the latest closing price.
Stock Fundamentals for GES
Equity return is now at value 14.00, with 2.80 for asset returns.
Conclusion
In summary, Guess’ Inc. (GES) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
