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Hugo Boss (OTCMKTS:BOSSY) Stock Passes Below 50 Day Moving Average - Here's What Happened

Hugo Boss logo with Consumer Discretionary background
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Hugo Boss AG (OTCMKTS:BOSSY - Get Free Report)'s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $8.95 and traded as low as $7.65. Hugo Boss shares last traded at $7.65, with a volume of 548 shares traded.

Wall Street Analyst Weigh In

Separately, UBS Group lowered shares of Hugo Boss from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 14th.

Read Our Latest Stock Analysis on BOSSY

Hugo Boss Stock Performance

The firm has a market cap of $2.64 billion, a P/E ratio of 11.42 and a beta of 1.03. The firm has a fifty day moving average of $8.93 and a 200-day moving average of $8.78. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.60 and a current ratio of 1.61.

Hugo Boss Company Profile

(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.

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