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boohoo group (LON:BOO) Receives Sell Rating from Shore Capital

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boohoo group (LON:BOO - Get Free Report)'s stock had its "sell" rating reiterated by Shore Capital in a research note issued to investors on Tuesday,Digital Look reports.

boohoo group Stock Performance

boohoo group stock traded down GBX 1.24 ($0.02) during mid-day trading on Tuesday, reaching GBX 26.10 ($0.34). The company's stock had a trading volume of 35,312,617 shares, compared to its average volume of 4,343,960. The company has a current ratio of 1.43, a quick ratio of 0.92 and a debt-to-equity ratio of 159.78. boohoo group has a twelve month low of GBX 24.90 ($0.32) and a twelve month high of GBX 39.48 ($0.51). The business has a 50 day moving average price of GBX 29.01 and a 200-day moving average price of GBX 30.22. The firm has a market cap of £336.26 million, a price-to-earnings ratio of -2.27 and a beta of 1.80.

Insider Buying and Selling at boohoo group

In other news, insider Carol Mary Kane bought 320,943 shares of boohoo group stock in a transaction on Tuesday, January 7th. The stock was purchased at an average cost of GBX 31 ($0.40) per share, with a total value of £99,492.33 ($128,096.21). Also, insider Dan Finley purchased 286,475 shares of the company's stock in a transaction on Thursday, December 12th. The stock was purchased at an average price of GBX 35 ($0.45) per share, for a total transaction of £100,266.25 ($129,092.64). 56.60% of the stock is currently owned by insiders.

About boohoo group

(Get Free Report)

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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