At close of market on Wednesday, Gildan Activewear Inc. (TSX:GIL) stock finished trading at +1.64%, bringing the stock price to $50.02 on the Toronto Stock Exchange. The stock price saw a low of $49.12 and a high of $50.43.
The company’s stock was traded 4,966 times with a total of 650,430 shares traded.
Gildan Activewear Inc. has a market cap of $10.31 billion, with 206.19 million shares in issue.
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts to wholesalers and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America. The Montreal-based company generates most of its sales in the U.S. and was incorporated in 1984.
