Gap Stock Falls By 29% In The Last 21 Sessions

(VIANEWS) – Shares of Gap (NYSE: GPS) dropped by a staggering 29.55% in 21 sessions from $13.74 to $9.68 at 12:07 EST on Tuesday, after two successive sessions in a row of losses. NYSE is jumping 1.19% to $14,953.94, following the last session’s upward trend.

Gap’s last close was $9.42, 39.19% below 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, tees, fleece, 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, third-party arrangements, and catalogs. It has franchise agreements with unaffiliated franchisees to operate Old Navy, Gap, Athleta, and Banana Republic 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 $-1.78.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.05%.

Yearly Top and Bottom Value

Gap’s stock is valued at $9.68 at 12:07 EST, way below its 52-week high of $15.49 and way higher than its 52-week low of $7.79.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jan 2, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 4.49%.

Moving Average

Gap’s worth is way under its 50-day moving average of $12.78 and way below its 200-day moving average of $11.08.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 2300% and positive 68.2% for the next.

More news about Gap (GPS).

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