Free Trial

Boohoo Group (OTCMKTS:BHOOY) Trading Down 29.6% - Time to Sell?

Boohoo Group logo with Retail/Wholesale background

Key Points

  • Boohoo Group's shares plummeted by 29.6%, trading at $4.05, significantly down from a previous close of $5.75.
  • The trading volume saw a substantial increase, with 100 shares changing hands, marking a 1,076% rise from the average of 9 shares per session.
  • Boohoo Group operates as an online clothing retailer known for its various brands targeting customers aged 16 to 45 across multiple regions including the UK and the US.
  • Need Better Tools to Track Boohoo Group? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Shares of Boohoo Group Plc Unsponsored ADR (OTCMKTS:BHOOY - Get Free Report) traded down 29.6% during mid-day trading on Wednesday . The company traded as low as $4.05 and last traded at $4.05. 100 shares traded hands during mid-day trading, an increase of 1,076% from the average session volume of 9 shares. The stock had previously closed at $5.75.

Boohoo Group Price Performance

The firm's 50-day moving average is $5.42 and its two-hundred day moving average is $6.34.

About Boohoo Group

(Get Free Report)

boohoo group plc, through its subsidiaries, operates as an online clothing retailer in the United Kingdom, rest of Europe, the United States, and internationally. The company designs, sources, markets, and sells clothing, shoes, accessories, and beauty products for 16-to-45-year age customers. It provides its products under the boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Dorothy Perkins, Wallis, Burton, and Debenhams brands.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Boohoo Group Right Now?

Before you consider Boohoo Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Boohoo Group wasn't on the list.

While Boohoo Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without
Palantir & AMD Earnings: Massive Options Setups Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines