boohoo group plc (LON:BOO) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 307.65 ($4.02) and traded as low as GBX 268.50 ($3.51). boohoo group shares last traded at GBX 268.50 ($3.51), with a volume of 2,128,836 shares trading hands.
A number of research analysts recently weighed in on BOO shares. Deutsche Bank Aktiengesellschaft set a GBX 400 ($5.23) target price on shares of boohoo group in a report on Tuesday, August 31st. Shore Capital reissued an “under review” rating on shares of boohoo group in a report on Tuesday, June 15th. Royal Bank of Canada raised shares of boohoo group to an “outperform” rating and lifted their price objective for the company from GBX 380 ($4.96) to GBX 410 ($5.36) in a report on Monday, July 12th. Liberum Capital raised boohoo group to a “buy” rating and set a GBX 380 ($4.96) target price for the company in a report on Friday, June 18th. Finally, Numis Securities reiterated an “add” rating and set a GBX 420 ($5.49) price objective on shares of boohoo group in a research report on Tuesday, June 15th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 447.78 ($5.85).
The stock has a market capitalization of £3.28 billion and a price-to-earnings ratio of 36.07. The company has a current ratio of 1.69, a quick ratio of 1.09 and a debt-to-equity ratio of 3.87. The company’s 50-day simple moving average is GBX 270.96 and its 200-day simple moving average is GBX 307.25.
boohoo group plc, through its subsidiaries, 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 for 16 to 40 year old 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.
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