boohoo group plc (LON:BOO - Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 25.54 ($0.33) and last traded at GBX 25.80 ($0.33), with a volume of 2952942 shares traded. The stock had previously closed at GBX 26.86 ($0.35).
boohoo group Trading Up 5.9 %
The business has a fifty day simple moving average of GBX 29.14 and a 200-day simple moving average of GBX 30.23. The company has a debt-to-equity ratio of 159.78, a quick ratio of 0.92 and a current ratio of 1.43. The firm has a market cap of £354.59 million, a price-to-earnings ratio of -2.39 and a beta of 1.80.
Insiders Place Their Bets
In other news, insider Carol Mary Kane bought 320,943 shares of the stock in a transaction on Tuesday, January 7th. The stock was acquired at an average price of GBX 31 ($0.40) per share, with a total value of £99,492.33 ($128,592.90). Also, insider Dan Finley bought 286,475 shares of the stock in a transaction on Thursday, December 12th. The stock was purchased at an average cost of GBX 35 ($0.45) per share, with a total value of £100,266.25 ($129,593.19). Insiders own 56.60% of the company's stock.
About boohoo group
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Founded in the heart of Manchester's historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.
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