boohoo group (LON:BOO) Stock Passes Below 50 Day Moving Average of $34.79

boohoo group plc (LON:BOOGet Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 34.79 ($0.44) and traded as low as GBX 33.60 ($0.43). boohoo group shares last traded at GBX 34.24 ($0.44), with a volume of 2,819,877 shares traded.

Analyst Ratings Changes

Several brokerages have recently issued reports on BOO. Shore Capital reaffirmed a “hold” rating on shares of boohoo group in a research note on Wednesday, May 8th. Barclays reissued an “underweight” rating and issued a GBX 26 ($0.33) target price on shares of boohoo group in a research report on Tuesday, April 9th. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of GBX 29.83 ($0.38).

Read Our Latest Stock Report on boohoo group

boohoo group Price Performance

The company has a debt-to-equity ratio of 159.78, a current ratio of 1.43 and a quick ratio of 0.92. The stock has a market capitalization of £436.30 million, a price-to-earnings ratio of -311.27 and a beta of 1.75. The stock’s 50 day simple moving average is GBX 34.79 and its 200-day simple moving average is GBX 35.63.

boohoo group Company Profile

(Get Free Report)

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 fashion clothing, home and beauty products, shoes, and accessories for 16-to-60+ year age customers.

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