Burberry Group (LON:BRBY) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Shares of Burberry Group plc (LON:BRBY - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 793.85 ($9.79) and traded as high as GBX 1,016.61 ($12.53). Burberry Group shares last traded at GBX 1,016 ($12.53), with a volume of 2,397,760 shares trading hands.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised shares of Burberry Group to an "outperform" rating and upped their target price for the company from GBX 650 ($8.01) to GBX 900 ($11.10) in a report on Thursday, November 7th.

Burberry Group Stock Up 1.9 %

The company has a debt-to-equity ratio of 135.70, a current ratio of 1.66 and a quick ratio of 1.63. The company has a market capitalization of £3.71 billion, a price-to-earnings ratio of 1,398.65, a P/E/G ratio of 1.66 and a beta of 1.06. The firm's fifty day moving average price is GBX 929.52 and its 200-day moving average price is GBX 793.85.

Burberry Group (LON:BRBY - Get Free Report) last issued its quarterly earnings data on Thursday, November 14th. The company reported GBX (18.30) (($0.23)) earnings per share (EPS) for the quarter. Burberry Group had a return on equity of 20.13% and a net margin of 9.10%. Sell-side analysts expect that Burberry Group plc will post 32.6294821 earnings per share for the current fiscal year.

Burberry Group Company Profile

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.