boohoo group plc (LON:BOO - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 30.05 ($0.39) and traded as low as GBX 26.02 ($0.34). boohoo group shares last traded at GBX 26.30 ($0.34), with a volume of 9,456,098 shares traded.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "sell" rating on shares of boohoo group in a research note on Tuesday, March 11th.
Check Out Our Latest Report on boohoo group
boohoo group Stock Down 1.2 %
The company's fifty day simple moving average is GBX 27.61 and its 200-day simple moving average is GBX 30.01. The firm has a market capitalization of £336.29 million, a PE ratio of -2.27 and a beta of 1.80. The company has a debt-to-equity ratio of 159.78, a current ratio of 1.43 and a quick ratio of 0.92.
Insider Buying and Selling
In related news, insider Carol Mary Kane bought 320,943 shares of the stock in a transaction that occurred on Tuesday, January 7th. The stock was bought at an average cost of GBX 31 ($0.40) per share, for a total transaction of £99,492.33 ($128,642.79). 56.60% of the stock is owned by company insiders.
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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