On Thursday, G-III Apparel Group received an upgrade to its Relative Strength (RS) Rating, from 70 to 74.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the best-performing stocks typically have an RS Rating of over 80 in the early stages of their moves. See if G-III Apparel Group can continue to rebound and clear that threshold.
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G-III Apparel Group is building a consolidation with a 35.68 entry. See if it can break out in heavy volume.
Earnings growth decreased last quarter from 30% to -7%, but revenue rose from -2% to 2%.
The company holds the No. 6 rank among its peers in the Apparel-Clothing Manufacturing industry group. Ralph Lauren Cl A, Tapestry and Victoria's Secret are among the top 5 highly rated stocks within the group.
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