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boohoo group (OTCMKTS:BHOOY) Stock Price Down 28.4% - Here's What Happened

boohoo group logo with Retail/Wholesale background

boohoo group plc (OTCMKTS:BHOOY - Get Free Report)'s stock price dropped 28.4% on Thursday . The stock traded as low as $6.99 and last traded at $6.99. Approximately 397 shares were traded during trading, a decline of 56% from the average daily volume of 910 shares. The stock had previously closed at $9.75.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Hsbc Global Res raised shares of boohoo group to a "strong-buy" rating in a research note on Tuesday, October 22nd. Barclays raised boohoo group to a "strong sell" rating in a report on Monday, November 18th.

Get Our Latest Analysis on boohoo group

boohoo group Stock Performance

The company has a quick ratio of 0.52, a current ratio of 1.03 and a debt-to-equity ratio of 1.44. The stock has a fifty day moving average of $9.04 and a 200 day moving average of $7.93.

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 clothing, shoes, accessories, and beauty products for 16-to-45-year age customers. It provides its products under the boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Dorothy Perkins, Wallis, Burton, and Debenhams brands.

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