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Hugo Boss (OTCMKTS:BOSSY) Shares Cross Below Fifty Day Moving Average - Time to Sell?

Hugo Boss logo with Consumer Discretionary background

Hugo Boss AG (OTCMKTS:BOSSY - Get Free Report)'s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $8.44 and traded as low as $7.85. Hugo Boss shares last traded at $7.85, with a volume of 3,238 shares.

Analyst Ratings Changes

Separately, UBS Group downgraded Hugo Boss from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 14th.

Check Out Our Latest Report on Hugo Boss

Hugo Boss Stock Down 0.6 %

The firm's 50-day moving average is $8.35 and its 200 day moving average is $8.66. The stock has a market cap of $2.84 billion, a price-to-earnings ratio of 12.30 and a beta of 0.79. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.61 and a quick ratio of 0.60.

About Hugo Boss

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Hugo Boss Right Now?

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