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June 17, 2025

Industria de Diseno Textil to Execute 2-for-1 Stock Split

Industria de Diseno Textil SA (IDEXY), listed on the OTC exchange, has announced a 2-for-1 stock split, aimed at making shares more accessible for investors.

  • IDEXY currently trades at $26.43 with a market cap of approximately $164.56 billion.
  • Despite the split news, IDEXY holds a Zacks Rank of #4 (Sell), indicating less favorable prospects compared to competitor Canada Goose (GOOS).
  • Industria de Diseno Textil SA, known as IDEXY, operates in the Retail – Apparel and Shoes sector. The company’s upcoming stock split on June 24, 2025, will provide shareholders with 2 shares for every 1 share held, aimed at enhancing accessibility for a broader investor base.

    The present stock price is $26.43, reflecting a minor change of $0.15 or 0.57%, with fluctuations noted between $26.25 and $26.57. IDEXY has experienced highs of $30.11 and lows of $23.12 over the past year, showcasing its market presence.

    Despite the split, IDEXY has a Zacks Rank of #4 (Sell), suggesting a more pessimistic outlook compared to Canada Goose (GOOS), which ranks #2 (Buy). The Zacks Rank system highlights potential value stocks through positive estimate revision trends.

    Trading volume stands at 33,563 shares, mirroring significant investor interest. As the stock split approaches, stakeholders will closely observe IDEXY’s performance and market movements for potential value opportunities in the Retail – Apparel and Shoes sector.

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