Hugo Boss (ETR:BOSS) Shares Pass Below 50 Day Moving Average – Here’s Why

Hugo Boss AG (ETR:BOSSGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €38.03 and traded as low as €37.59. Hugo Boss shares last traded at €37.59, with a volume of 575,261 shares trading hands.

Hugo Boss Trading Up 1.6%

The firm’s 50-day moving average price is €38.03 and its 200 day moving average price is €36.98. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 12.53, a P/E/G ratio of 2.06 and a beta of 0.67. The company has a current ratio of 1.77, a quick ratio of 0.43 and a debt-to-equity ratio of 63.25.

About Hugo Boss

(Get Free Report)

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.

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