Hugo Boss (ETR:BOSS) Stock Price Up 1.2% – Here’s Why

Shares of Hugo Boss AG (ETR:BOSS) rose 1.2% on Tuesday . The stock traded as high as €36.64 and last traded at €36.44. Approximately 371,972 shares traded hands during mid-day trading, an increase of 16% from the average daily volume of 321,526 shares. The stock had previously closed at €36.00.

Hugo Boss Price Performance

The business has a 50-day simple moving average of €36.17 and a 200 day simple moving average of €37.48. The firm has a market cap of $2.55 billion, a P/E ratio of 11.95, a price-to-earnings-growth ratio of 2.06 and a beta of 0.84. The company has a debt-to-equity ratio of 76.88, a quick ratio of 0.44 and a current ratio of 1.63.

Hugo Boss Company Profile

Hugo Boss AG, together with its subsidiaries, provides apparels, shoes, and accessories for men and women worldwide. It also offers licensed products comprising of fragrances, eyewear, watches, children's fashion, equestrian, and cycling. The company markets and sells its products under the BOSS and HUGO brand names through freestanding stores, shop-in-shops, factory outlets, multi-brand stores, and franchise business, as well as online retailers, distribution, and stores. Hugo Boss AG was founded in 1924 and is headquartered in Metzingen, Germany.