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boohoo group (LON:BOO) Stock Price Crosses Above Fifty Day Moving Average - What's Next?

boohoo group logo with Consumer Cyclical background

boohoo group plc (LON:BOO - Get Free Report)'s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 29.98 ($0.38) and traded as high as GBX 30.40 ($0.39). boohoo group shares last traded at GBX 29.66 ($0.38), with a volume of 7,300,746 shares changing hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Shore Capital reissued a "hold" rating on shares of boohoo group in a report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft restated a "sell" rating and issued a GBX 27 ($0.34) target price on shares of boohoo group in a research note on Thursday, September 12th.

Get Our Latest Stock Report on BOO

boohoo group Trading Down 0.2 %

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 cap of £375.92 million, a P/E ratio of -270.81 and a beta of 1.80. The firm's fifty day moving average price is GBX 29.98 and its two-hundred day moving average price is GBX 31.92.

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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