(VIANEWS) – Shares of Gap (NYSE: GPS) jumped by a staggering 12.4% to $8.34 at 11:49 EST on Monday, following the last session’s upward trend. NYSE is rising 0.69% to $15,078.69, following the last session’s upward trend. This seems, up until now, a somewhat bullish trend trading session today.
Gap’s last close was $8.34, 46.16% under its 52-week high of $15.49.
About Gap
The Gap, Inc. operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, and Athleta brands. Its products include denim and khakis; eyewear, jewelry, shoes, handbags, and fragrances; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities for women and girls. The company offers its products through company-operated stores, franchise stores, websites, and third-party arrangements. It has franchise agreements to operate Old Navy, Gap, Banana Republic, and Athleta stores and websites in Asia, Europe, Latin America, the Middle East, and Africa. The company also provides its products through e-commerce sites. The Gap, Inc. was incorporated in 1969 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, Gap has a trailing twelve months EPS of $-0.62.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -2.5%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 100% and a drop 46.5% for the next.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Gap’s stock is considered to be oversold (<=20).
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 2, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 7.19%.
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