Boohoo Group (OTCMKTS:BHOOY) Sets New 1-Year High – Should You Buy?

Boohoo Group Plc Unsponsored ADR (OTCMKTS:BHOOY – Get Free Report) shares reached a new 52-week high during mid-day trading on Monday. The stock traded as high as $6.50 and last traded at $6.50, with a volume of 100 shares traded. The stock had previously closed at $6.50.

Boohoo Group Price Performance

The stock has a 50 day simple moving average of $4.61 and a 200 day simple moving average of $4.84.

Boohoo Group Company Profile

(Get Free Report)

Boohoo Group plc is a global online fashion retailer headquartered in Manchester, England. Founded in 2006 by Mahmud Kamani and Carol Kane, the company built its business around digitally focused fashion brands offering affordable clothing, footwear, accessories and beauty products.

The group has operated brands including boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, Karen Millen and Debenhams, along with other established British fashion names. Its products are sold primarily through e-commerce websites and mobile platforms, with the brand portfolio serving women, men and children across a range of fashion categories.

Boohoo Group has served customers in the United Kingdom, the United States, Europe, Australia and other international markets.

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