Shares of boohoo group plc (LON:BOO - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 30.13 ($0.39) and traded as low as GBX 26 ($0.34). boohoo group shares last traded at GBX 26.30 ($0.34), with a volume of 6,972,090 shares.
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "sell" rating on shares of boohoo group in a report on Tuesday, March 11th.
Check Out Our Latest Research Report on boohoo group
boohoo group Stock Performance
The firm has a fifty day moving average of GBX 27.95 and a 200-day moving average of GBX 30.09. The stock has a market capitalization of £338.87 million, a price-to-earnings ratio of -2.29 and a beta of 1.80. The company has a quick ratio of 0.92, a current ratio of 1.43 and a debt-to-equity ratio of 159.78.
Insider Buying and Selling
In other news, insider Carol Mary Kane bought 320,943 shares of boohoo group stock in a transaction on Tuesday, January 7th. The shares were bought at an average cost of GBX 31 ($0.40) per share, for a total transaction of £99,492.33 ($128,460.08). 56.60% of the stock is currently owned by 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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