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Burberry Group (LON:BRBY) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

Burberry Group logo with Consumer Cyclical background

Burberry Group plc (LON:BRBY - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 826.61 ($10.40) and traded as high as GBX 1,174.50 ($14.78). Burberry Group shares last traded at GBX 1,156 ($14.54), with a volume of 1,433,767 shares.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upped their price objective on shares of Burberry Group from GBX 1,000 ($12.58) to GBX 1,300 ($16.35) and gave the company an "outperform" rating in a report on Tuesday, January 28th.

Get Our Latest Stock Analysis on Burberry Group

Burberry Group Trading Down 0.1 %

The company has a debt-to-equity ratio of 136.53, a current ratio of 1.66 and a quick ratio of 1.63. The company has a market cap of £4.25 billion, a PE ratio of 15.76, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06. The company's 50 day simple moving average is GBX 1,036.70 and its two-hundred day simple moving average is GBX 833.81.

Burberry Group (LON:BRBY - Get Free Report) last announced its earnings results on Thursday, November 14th. The company reported GBX (18.30) (($0.23)) earnings per share for the quarter. Burberry Group had a return on equity of 23.93% and a net margin of 9.10%. As a group, sell-side analysts anticipate that Burberry Group plc will post 32.6294821 EPS for the current fiscal year.

Burberry Group Company Profile

(Get Free Report)

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.

Further Reading

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