Textile Stocks Under Scanner -- Hanesbrands, Under Armour, G-III Apparel, and Kate Spade

NEW YORK, March 29, 2017 /PRNewswire/ --

On Tuesday, March 28, 2017, the NASDAQ Composite ended the trading session at 5,875.14, up 0.60%; the Dow Jones Industrial Average edged 0.73% higher, to finish at 20,701.50; and the S&P 500 closed at 2,358.57, advancing 0.73%. Gains were broad based as seven out of nine sectors ended the day in positive. This Wednesday, Stock-Callers.com has initiated reports coverage on the following Textile - Apparel Clothing equities: Hanesbrands Inc. (NYSE: HBI), Under Armour Inc. (NYSE: UAA), G-III Apparel Group Ltd (NASDAQ: GIII), and Kate Spade & Company (NYSE: KATE). Learn more about these stocks by downloading their free research reports in PDF format at:



On Tuesday, shares in Winston-Salem, North Carolina headquartered Hanesbrands Inc. ended the session 1.86% higher at $20.84 with a total volume of 3.28 million shares traded. Hanesbrands' shares have advanced 0.92% in the past one month. Shares of the Company traded at a PE ratio of 14.88. The stock is trading 0.73% below its 50-day moving average and 12.55% below its 200-day moving average. Moreover, shares of the Company, which designs, manufactures, sources, and sells various basic apparel for men, women, and children in the US, have a Relative Strength Index (RSI) of 52.56.

On March 28th, 2017, research firm Goldman initiated a 'Neutral' rating on the Company's stock. Sign up and read the free research report on HBI at:


Under Armour  

On Tuesday, shares in Baltimore, Maryland headquartered Under Armour Inc. recorded a trading volume of 3.89 million shares, which was lower than their three months average volume of 5.68 million shares. The stock ended the day 0.25% higher at $19.91. Shares of the Company are trading at a PE ratio of 45.15. Under Armour's stock is trading below its 50-day and 200-day moving averages by 11.20% and 39.53%, respectively. Furthermore, shares of Under Armour, which together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, Middle East, Africa, Asia/Pacific, and Latin America, have an RSI of 38.78.

On March 24th, 2017, research firm Jefferies upgraded the Company's stock rating from 'Hold' to 'Buy'. The complimentary research report on UAA can be downloaded at:


G-III Apparel  

New York-based G-III Apparel Group Ltd's stock finished Tuesday's session 2.44% higher at $20.17 with a total volume of 3.54 million shares traded. G-III Apparel's shares are trading below its 50-day and 200-day moving averages by 20.46% and 37.89%, respectively. Shares of G-III Apparel, which designs, manufactures, and markets men's and women's apparel, are trading at a PE ratio of 11.83. In addition, the stock has an RSI of 29.70. Register for free on Stock-Callers.com and access the latest report on GIII at:


Kate Spade  

New York-based Kate Spade & Co.'s stock declined 2.04%, to close the day at $23.05. The stock recorded a trading volume of 5.84 million shares, which was above its three months average volume of 4.46 million shares. Kate Spade & Co.'s shares have surged 62.90% in the last three months. The Company's shares are trading 8.71% and 21.87% above its 50-day and 200-day moving averages, respectively. Shares of the company, which together with its subsidiaries, designs and markets apparel and accessories, are trading at a PE ratio of 19.65. Additionally, the stock has an RSI of 53.45.

On March 22nd, 2017, research firm Citigroup downgraded the Company's stock rating from 'Buy' to 'Neutral'. Get free access to your research report on KATE at:



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