Burberry Group (LON:BRBY) Shares Cross Above Two Hundred Day Moving Average - Time to Sell?

Burberry Group plc (LON:BRBY - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 855.77 ($10.95) and traded as high as GBX 1,098 ($14.05). Burberry Group shares last traded at GBX 1,086.01 ($13.89), with a volume of 1,800,704 shares traded.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada boosted their price objective on shares of Burberry Group from GBX 1,000 ($12.79) to GBX 1,300 ($16.63) and gave the stock an "outperform" rating in a research note on Tuesday, January 28th.

Burberry Group Stock Down 0.0 %

The company has a quick ratio of 1.63, a current ratio of 1.66 and a debt-to-equity ratio of 136.53. The firm has a market capitalization of £3.86 billion, a price-to-earnings ratio of 14.29, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06. The firm has a 50 day moving average of GBX 1,070.25 and a two-hundred day moving average of GBX 863.16.

About Burberry Group

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.