boohoo group plc (LON:BOO - Get Free Report) traded up 10.9% during trading on Friday following insider buying activity. The stock traded as high as GBX 39.48 ($0.50) and last traded at GBX 38.52 ($0.49). 48,599,617 shares were traded during trading, an increase of 994% from the average session volume of 4,444,243 shares. The stock had previously closed at GBX 34.74 ($0.44).
Specifically, insider Dan Finley purchased 286,475 shares of the stock in a transaction dated Thursday, December 12th. The shares were purchased at an average cost of GBX 35 ($0.44) per share, with a total value of £100,266.25 ($126,550.86).
Analysts Set New Price Targets
Several analysts recently issued reports on the stock. Shore Capital restated a "hold" rating on shares of boohoo group in a research report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft reissued a "sell" rating and set a GBX 27 ($0.34) price objective on shares of boohoo group in a research report on Thursday, September 12th.
Read Our Latest Stock Analysis on BOO
boohoo group Stock Up 10.9 %
The company has a fifty day moving average price of GBX 31.45 and a 200-day moving average price of GBX 31.67. 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 capitalization of £489.20 million, a PE ratio of -350.18 and a beta of 1.80.
boohoo group Company Profile
(
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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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