boohoo group (LON:BOO) Share Price Crosses Below Two Hundred Day Moving Average of $34.91

boohoo group plc (LON:BOO) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 34.91 ($0.43) and traded as low as GBX 33 ($0.41). boohoo group shares last traded at GBX 33.24 ($0.41), with a volume of 3,421,237 shares changing hands.

Analyst Ratings Changes

Separately, Barclays reissued an “underweight” rating and issued a GBX 26 ($0.32) target price on shares of boohoo group in a research report on Tuesday, April 9th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of GBX 42.50 ($0.53).

boohoo group Stock Up 1.2 %

The company has a debt-to-equity ratio of 119.07, a quick ratio of 0.92 and a current ratio of 1.53. The firm has a fifty day moving average price of GBX 35.20 and a 200 day moving average price of GBX 34.91. The firm has a market capitalization of £427.01 million, a price-to-earnings ratio of -474.86 and a beta of 1.78.

About boohoo group

boohoo group plc, through its subsidiaries, operates as an online clothing retailer in the United Kingdom, rest of Europe, the United States, and internationally. The company designs, sources, markets, and sells clothing, shoes, accessories, and beauty products for 16-to-45-year age customers. It provides its products under the boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Dorothy Perkins, Wallis, Burton, and Debenhams brands.