Gildan Activewear Inc’s recent filing unveils that its Officer DeHaan Jason acquired Company’s shares for reported $0.75 million on Nov 05 ’24. In the deal valued at $50.22 per share,15,000 shares were bought.
Then, DeHaan Jason bought 19,105 shares, generating $805,849 in total proceeds.
Barclays initiated its Gildan Activewear Inc [GIL] rating to an Overweight in a research note published on April 28, 2025; the price target was $51. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. Stifel also remained covering GIL and has increased its forecast on August 02, 2024 with a “Buy” recommendation from previously “Hold” rating. UBS revised its rating on January 05, 2024. It rated GIL as “a Neutral” which previously was an “a Buy”.
Price Performance Review of GIL
On Tuesday, Gildan Activewear Inc [NYSE:GIL] saw its stock jump 0.56% to $42.90. Over the last five days, the stock has gained 2.51%. Gildan Activewear Inc shares have fallen nearly -8.82% since the year began. Nevertheless, the stocks have risen 22.33% over the past one year. While a 52-week high of $55.39 was reached on 02/21/25, a 52-week low of $32.23 was recorded on 04/09/25. SMA at 50 days reached $46.22, while 200 days put it at $46.48.
Levels Of Support And Resistance For GIL Stock
The 24-hour chart illustrates a support level at 42.52, which if violated will result in even more drops to 42.15. On the upside, there is a resistance level at 43.13. A further resistance level may holdings at 43.37. The Relative Strength Index (RSI) on the 14-day chart is 49.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.59%. Stochastics %K at 86.09% indicates the stock is a selling.
How much short interest is there in Gildan Activewear Inc?
A steep rise in short interest was recorded in Gildan Activewear Inc stocks on 2025-04-15, growing by 0.16 million shares to a total of 1.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 1.72 million shares. There was a rise of 8.57%, which implies that there is a positive sentiment for the stock.
