Hugo Boss (OTCMKTS:BOSSY) Sees Significant Decline in Short Interest

Hugo Boss (OTCMKTS:BOSSY) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 385 shares, a decrease of 45.2% from the April 15th total of 703 shares. Based on an average daily trading volume, of 818 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

Hugo Boss Stock Performance

Shares of BOSSY stock opened at $8.49 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.63 and a quick ratio of 0.83. The stock has a market cap of $2.93 billion, a PE ratio of 10.88 and a beta of 0.52. The stock has a 50-day moving average of $8.59 and a 200-day moving average of $8.59. Hugo Boss has a one year low of $8.00 and a one year high of $10.21.

Hugo Boss (OTCMKTS:BOSSY) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.19). The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.03 billion. Hugo Boss had a net margin of 5.56% and a return on equity of 16.12%. As a group, sell-side analysts expect that Hugo Boss will post 0.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on BOSSY shares. Royal Bank Of Canada lowered shares of Hugo Boss from an “outperform” rating to a “sector perform” rating in a report on Monday, January 26th. Citigroup restated a “neutral” rating on shares of Hugo Boss in a report on Monday. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

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.