boohoo group (LON:BOO) Share Price Passes Below 200-Day Moving Average of $35.04

boohoo group plc (LON:BOO) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 35.04 ($0.43) and traded as low as GBX 33 ($0.41). boohoo group shares last traded at GBX 33.62 ($0.42), with a volume of 3,683,793 shares.

Wall Street Analyst Weigh In

Separately, Barclays reissued an “underweight” rating and issued a GBX 26 ($0.32) price target on shares of boohoo group in a research report on Tuesday, April 9th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of GBX 42.50 ($0.52).

boohoo group Stock Up 0.1 %

The business’s 50 day moving average is GBX 35 and its 200-day moving average is GBX 35.04. The company has a market cap of £427.23 million, a PE ratio of -480.29 and a beta of 1.78. The company has a debt-to-equity ratio of 119.07, a current ratio of 1.53 and a quick ratio of 0.92.

About boohoo group

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.