boohoo group (LON:BOO) Share Price Crosses Below Two Hundred Day Moving Average of $34.91

boohoo group plc (LON:BOO)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 34.91 ($0.43) and traded as low as GBX 33 ($0.41). boohoo group shares last traded at GBX 33.24 ($0.41), with a volume of 3,421,237 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Barclays reissued an “underweight” rating and issued a GBX 26 ($0.32) price objective on shares of boohoo group in a report on Tuesday, April 9th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 42.50 ($0.53).

boohoo group Price Performance

The company has a market capitalization of £427.01 million, a P/E ratio of -474.86 and a beta of 1.78. The company has a fifty day moving average price of GBX 35.20 and a 200 day moving average price of GBX 34.91. The company has a debt-to-equity ratio of 119.07, a current ratio of 1.53 and a quick ratio of 0.92.

boohoo group Company Profile

boohoo group plc, through its subsidiaries, operates as an online clothing retailer in the United Kingdom, rest of Europe, the United States, and internationally. The company designs, sources, markets, and sells clothing, shoes, accessories, and beauty products for 16-to-45-year age customers. It provides its products under the boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Dorothy Perkins, Wallis, Burton, and Debenhams brands.