Boohoo Group PLC (LON:BOO) Insider Carol Mary Kane Sells 15,000,000 Shares

Boohoo Group PLC (LON:BOO) insider Carol Mary Kane sold 15,000,000 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of GBX 285 ($3.75), for a total value of £42,750,000 ($56,235,201.26).

Shares of BOO stock opened at GBX 266.70 ($3.51) on Wednesday. Boohoo Group PLC has a 12-month low of GBX 146.40 ($1.93) and a 12-month high of GBX 316.90 ($4.17). The firm has a market capitalization of $3.11 billion and a price-to-earnings ratio of 62.02. The business has a 50 day simple moving average of GBX 278.76 and a 200 day simple moving average of GBX 247.86. The company has a debt-to-equity ratio of 8.85, a current ratio of 1.56 and a quick ratio of 1.09.

A number of analysts have recently weighed in on the company. Peel Hunt reiterated a “buy” rating on shares of Boohoo Group in a research report on Thursday, December 5th. Liberum Capital reiterated a “buy” rating on shares of Boohoo Group in a research report on Tuesday, December 3rd. HSBC reiterated a “buy” rating on shares of Boohoo Group in a research report on Friday, September 6th. Shore Capital reiterated a “buy” rating on shares of Boohoo Group in a research report on Tuesday, December 3rd. Finally, Jefferies Financial Group increased their price target on Boohoo Group from GBX 325 ($4.28) to GBX 375 ($4.93) and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company’s stock. Boohoo Group presently has a consensus rating of “Buy” and a consensus price target of GBX 302.92 ($3.98).

Boohoo Group Company Profile

boohoo group plc operates as an online fashion 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 through the Websites to a market of 16 to 30 year old consumers. It offers its products for men, and women.

Read More: What is the S&P/ASX 200 Index?

Receive News & Ratings for Boohoo Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boohoo Group and related companies with MarketBeat.com's FREE daily email newsletter.