boohoo group (OTCMKTS:BHOOY) Hits New 1-Year Low – Here’s Why

boohoo group plc (OTCMKTS:BHOOY) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $6.99 and last traded at $6.99, with a volume of 397 shares changing hands. The stock had previously closed at $9.75.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on BHOOY shares. Barclays upgraded boohoo group to a “strong sell” rating in a research note on Monday, November 18th. Hsbc Global Res raised boohoo group to a “strong-buy” rating in a research report on Tuesday, October 22nd.

boohoo group Trading Down 28.4 %

The company has a debt-to-equity ratio of 1.44, a current ratio of 1.03 and a quick ratio of 0.52. The firm’s fifty day moving average price is $9.07 and its two-hundred day moving average price is $7.96.

boohoo group Company Profile

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.