Burberry Group plc (LON:BRBY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 950.12 ($13.03) and traded as high as GBX 1,101 ($15.10). Burberry Group shares last traded at GBX 1,062.50 ($14.58), with a volume of 1,628,837 shares.
Wall Street Analysts Forecast Growth
Separately, Royal Bank Of Canada dropped their price target on shares of Burberry Group from GBX 1,300 ($17.84) to GBX 1,200 ($16.46) and set an "outperform" rating on the stock in a research note on Friday, March 28th.
View Our Latest Research Report on Burberry Group
Burberry Group Price Performance
The stock has a market cap of £4.11 billion, a PE ratio of 15.23, 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 company's 50 day moving average is GBX 934.53 and its 200-day moving average is GBX 952.09.
Burberry Group (LON:BRBY - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported GBX (14.80) (($0.20)) earnings per share for the quarter. Burberry Group had a return on equity of 23.93% and a net margin of 9.10%. As a group, sell-side analysts predict that Burberry Group plc will post 32.6294821 earnings per share for the current year.
Insider Transactions at Burberry Group
In other Burberry Group news, insider Kate Ferry acquired 3,228 shares of the stock in a transaction that occurred on Friday, June 27th. The stock was acquired at an average price of GBX 1,100 ($15.09) per share, with a total value of £35,508 ($48,714.50). Also, insider Joshua Schulman acquired 29,744 shares of the stock in a transaction that occurred on Friday, June 27th. The shares were acquired at an average cost of GBX 1,069 ($14.67) per share, with a total value of £317,963.36 ($436,223.57). Insiders own 0.70% of the company's stock.
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.
Further Reading
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