Hugo Boss (OTCMKTS:BOSSY) Sees Strong Trading Volume – Here’s What Happened

Shares of Hugo Boss (OTCMKTS:BOSSY) saw an uptick in trading volume on Monday . 3,014 shares traded hands during trading, an increase of 82% from the previous session’s volume of 1,653 shares.The stock last traded at $8.3550 and had previously closed at $8.6050.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on BOSSY shares. Royal Bank Of Canada downgraded shares of Hugo Boss from an “outperform” rating to a “sector perform” rating in a research report on Monday, January 26th. Kepler Capital Markets upgraded Hugo Boss to a “hold” rating in a research note on Monday, December 8th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Hugo Boss presently has a consensus rating of “Hold”.

Hugo Boss Stock Performance

The firm has a market capitalization of $2.88 billion, a P/E ratio of 11.60 and a beta of 0.62. The stock has a fifty day moving average price of $8.51 and a two-hundred day moving average price of $8.96.

About Hugo Boss

Hugo Boss AG is a German luxury fashion group that designs, produces and distributes a broad range of apparel, accessories and footwear under its two core brands, BOSS and HUGO. The company’s product portfolio spans men’s and women’s business wear, casual collections and athleisure, as well as fragrances, eyewear and leather goods. Hugo Boss operates through a multi-channel network that includes directly operated retail stores, e-commerce platforms and wholesale partnerships with department stores and specialty retailers.

Founded in 1924 by Hugo Ferdinand Boss and headquartered in Metzingen, Germany, the company originally produced workwear and uniforms before pivoting to high-end fashion in the latter half of the 20th century.