Burberry Group (LON:BRBY) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

Burberry Group plc (LON:BRBY - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 936.23 ($12.70) and traded as high as GBX 1,098 ($14.90). Burberry Group shares last traded at GBX 1,076 ($14.60), with a volume of 818,826 shares traded.

Analyst Ratings Changes

Separately, Royal Bank of Canada decreased their price target on shares of Burberry Group from GBX 1,300 ($17.64) to GBX 1,200 ($16.28) and set an "outperform" rating on the stock in a research report on Friday, March 28th.

Burberry Group Stock Down 2.1%

The stock has a market capitalization of £3.93 billion, a P/E ratio of 14.56, a P/E/G ratio of 1.66 and a beta of 1.06. The company has a current ratio of 1.66, a quick ratio of 1.63 and a debt-to-equity ratio of 136.53. The firm's fifty day moving average is GBX 854.93 and its 200-day moving average is GBX 942.16.

Burberry Group (LON:BRBY - Get Free Report) last issued its earnings results on Wednesday, May 14th. The company reported GBX (14.80) (($0.20)) EPS for the quarter. Burberry Group had a net margin of 9.10% and a return on equity of 23.93%. As a group, equities research analysts predict that Burberry Group plc will post 32.6294821 earnings per share for the current year.

Burberry Group Company Profile

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.