Short Interest in Hugo Boss AG (OTCMKTS:BOSSY) Drops By 97.5%

Hugo Boss AG (OTCMKTS:BOSSY) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 300 shares, a decrease of 97.5% from the December 15th total of 11,800 shares. Based on an average trading volume of 8,500 shares, the short-interest ratio is presently 0.0 days.

Hugo Boss Price Performance

Shares of Hugo Boss stock opened at $8.70 on Tuesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.61 and a quick ratio of 0.62. The company has a market cap of $3.00 billion, a PE ratio of 12.98 and a beta of 1.03. The firm has a fifty day moving average price of $8.63 and a two-hundred day moving average price of $8.59. Hugo Boss has a fifty-two week low of $6.59 and a fifty-two week high of $13.86.

Hugo Boss (OTCMKTS:BOSSY) last released its earnings results on Tuesday, November 5th. The company reported $0.17 earnings per share for the quarter. The business had revenue of $1.13 billion for the quarter. Hugo Boss had a return on equity of 16.17% and a net margin of 5.08%. Analysts expect that Hugo Boss will post 0.64 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on BOSSY shares. Citigroup upgraded Hugo Boss to a “hold” rating in a research note on Wednesday, October 2nd. UBS Group raised Hugo Boss from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 3rd.

About Hugo Boss

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.