Burberry Group plc (OTCMKTS:BURBY - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $13.18 and traded as low as $9.80. Burberry Group shares last traded at $10.04, with a volume of 37,710 shares traded.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on BURBY. BNP Paribas upgraded shares of Burberry Group to a "strong-buy" rating in a report on Tuesday, March 11th. Kepler Capital Markets upgraded shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, Burberry Group presently has an average rating of "Moderate Buy".
Check Out Our Latest Research Report on BURBY
Burberry Group Stock Performance
The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.77 and a current ratio of 1.29. The business has a 50-day moving average price of $12.86 and a 200-day moving average price of $11.53.
About Burberry Group
(
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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.
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