boohoo group (LON:BOO) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

boohoo group plc (LON:BOOGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 29.77 ($0.39) and traded as low as GBX 26 ($0.34). boohoo group shares last traded at GBX 26.10 ($0.34), with a volume of 1,359,340 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “sell” rating on shares of boohoo group in a research report on Tuesday, March 11th.

Check Out Our Latest Research Report on BOO

boohoo group Trading Down 1.2 %

The stock has a market cap of £336.29 million, a P/E ratio of -2.27 and a beta of 1.80. The company has a debt-to-equity ratio of 159.78, a current ratio of 1.43 and a quick ratio of 0.92. The stock’s 50-day moving average is GBX 26.89 and its two-hundred day moving average is GBX 29.77.

About boohoo group

(Get Free Report)

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.

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