Hugo Boss (OTCMKTS:BOSSY) Shares Pass Below 200 Day Moving Average – Should You Sell?

Hugo Boss AG (OTCMKTS:BOSSY)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $8.72 and traded as low as $8.30. Hugo Boss shares last traded at $8.44, with a volume of 13,241 shares traded.

Analyst Ratings Changes

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

Hugo Boss Trading Down 2.5 %

The business has a 50-day simple moving average of $8.62 and a 200-day simple moving average of $8.72. The company has a market cap of $2.97 billion, a PE ratio of 12.59 and a beta of 1.10. The company has a quick ratio of 0.62, a current ratio of 1.61 and a debt-to-equity ratio of 0.79.

Hugo Boss (OTCMKTS:BOSSY) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $0.17 earnings per share (EPS) for the quarter. Hugo Boss had a return on equity of 16.17% and a net margin of 5.08%. The firm had revenue of $1.13 billion for the quarter. On average, analysts predict that Hugo Boss AG will post 0.64 EPS for the current fiscal year.

Hugo Boss Company Profile

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.