boohoo group (LON:BOO) Share Price Passes Below Two Hundred Day Moving Average of $35.15

boohoo group plc (LON:BOO) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 35.15 ($0.44) and traded as low as GBX 33.30 ($0.42). boohoo group shares last traded at GBX 33.54 ($0.42), with a volume of 2,211,480 shares changing hands.

Wall Street Analyst Weigh In

Separately, Barclays reiterated an “underweight” rating and set a GBX 26 ($0.33) price objective on shares of boohoo group in a report on Tuesday, April 9th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 42.50 ($0.53).

boohoo group Stock Performance

The company has a fifty day moving average of GBX 34.37 and a two-hundred day moving average of GBX 35.18. 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 company has a market cap of £437.64 million, a price-to-earnings ratio of -492.29 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.