Hugo Boss AG (OTCMKTS:BOSSY) Sees Large Drop in Short Interest

Hugo Boss AG (OTCMKTS:BOSSY - Get Free Report) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 300 shares, a drop of 97.5% from the December 15th total of 11,800 shares. Based on an average daily volume of 8,500 shares, the days-to-cover ratio is presently 0.0 days.

Hugo Boss Trading Down 2.1 %

OTCMKTS:BOSSY traded down $0.19 during mid-day trading on Monday, reaching $8.70. 3,526 shares of the company's stock traded hands, compared to its average volume of 40,732. Hugo Boss has a 12-month low of $6.59 and a 12-month high of $13.86. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.61 and a quick ratio of 0.62. The company has a 50 day moving average price of $8.64 and a 200-day moving average price of $8.60. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 12.98 and a beta of 1.03.

Hugo Boss (OTCMKTS:BOSSY - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.17 EPS for the quarter. The business had revenue of $1.13 billion during the quarter. Hugo Boss had a net margin of 5.08% and a return on equity of 16.17%. On average, sell-side analysts predict that Hugo Boss will post 0.64 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Citigroup raised Hugo Boss to a "hold" rating in a report on Wednesday, October 2nd. UBS Group raised shares of Hugo Boss from a "neutral" rating to a "buy" rating in a research note on Tuesday, December 3rd.

Hugo Boss Company Profile

Hugo Boss AG, together with its subsidiaries, provides apparels, shoes, and accessories for men and women worldwide. It also offers licensed products comprising of fragrances, eyewear, watches, children's fashion, equestrian, and cycling. The company markets and sells its products under the BOSS and HUGO brand names through freestanding stores, shop-in-shops, factory outlets, multi-brand stores, and franchise business, as well as online retailers, distribution, and stores.