Burberry Group plc (OTCMKTS:BURBY - Get Free Report) was the recipient of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 74,200 shares, a growth of 26.2% from the November 15th total of 58,800 shares. Based on an average trading volume of 103,400 shares, the short-interest ratio is presently 0.7 days.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on BURBY shares. Citigroup raised shares of Burberry Group to a "hold" rating in a report on Tuesday, October 1st. Jefferies Financial Group lowered shares of Burberry Group from a "hold" rating to an "underperform" rating in a report on Friday, September 20th. Sanford C. Bernstein raised shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 30th. UBS Group raised Burberry Group from a "strong sell" rating to a "hold" rating in a research note on Friday, November 15th. Finally, Royal Bank of Canada raised shares of Burberry Group from a "sector perform" rating to an "outperform" rating in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold".
Get Our Latest Analysis on Burberry Group
Burberry Group Stock Performance
Burberry Group stock traded down $0.23 during trading hours on Friday, hitting $12.14. The stock had a trading volume of 13,437 shares, compared to its average volume of 144,751. The stock's 50-day moving average price is $10.35 and its 200-day moving average price is $10.29. Burberry Group has a 12-month low of $7.38 and a 12-month high of $20.05. The company has a quick ratio of 1.07, a current ratio of 1.66 and a debt-to-equity ratio of 0.26.
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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