Gap Stock Went Down By Over 29% In The Last 21 Sessions

(VIANEWS) – Shares of Gap (NYSE: GPS) dropped by a staggering 29.49% in 21 sessions from $13.8 to $9.73 at 11:39 EST on Monday, following the last session’s downward trend. NYSE is jumping 1.24% to $14,779.56, following the last session’s downward trend.

Gap’s last close was $9.70, 37.38% 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, 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%.

Growth Estimates Quarters

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

Moving Average

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

Dividend Yield

As stated 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%.

More news about Gap (GPS).

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