Burberry Group plc (OTCMKTS:BURBY) Sees Significant Decrease in Short Interest

Burberry Group plc (OTCMKTS:BURBYGet Free Report) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 25,300 shares, a decrease of 52.2% from the February 13th total of 52,900 shares. Based on an average trading volume of 131,200 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Burberry Group Stock Down 4.2 %

OTCMKTS BURBY opened at $12.32 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.77 and a debt-to-equity ratio of 0.33. Burberry Group has a one year low of $7.38 and a one year high of $16.59. The stock has a 50 day moving average price of $13.49 and a 200-day moving average price of $11.27.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on BURBY. BNP Paribas upgraded Burberry Group to a “strong-buy” rating in a research note on Tuesday, March 11th. Kepler Capital Markets upgraded Burberry Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

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Burberry Group Company Profile

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Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.

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