Stocks to Watch: Gildan Activewear Inc. (TSX:GIL) Up +1.23%

At close of market on Tuesday, Gildan Activewear Inc. (TSX:GIL) stock finished trading at +1.23%, bringing the stock price to $52.61 on the Toronto Stock Exchange. The stock price saw a low of $52.39 and a high of $52.95.

The company’s stock was traded 3,315 times with a total of 470,555 shares traded.

Gildan Activewear Inc. has a market cap of $10.85 billion, with 203.95 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.

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