Shares of Burberry Group plc (LON:BRBY - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 967.32 ($13.05) and traded as high as GBX 1,242.50 ($16.76). Burberry Group shares last traded at GBX 1,204 ($16.24), with a volume of 2,004,892 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Royal Bank Of Canada reduced their target price on Burberry Group from GBX 1,300 ($17.53) to GBX 1,200 ($16.18) and set an "outperform" rating on the stock in a research note on Friday, March 28th.
View Our Latest Report on Burberry Group
Burberry Group Trading Down 0.9%
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 business has a 50 day moving average of GBX 1,038.78 and a 200-day moving average of GBX 970.73. The stock has a market cap of £4.32 billion, a PE ratio of 16.02, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06.
Burberry Group (LON:BRBY - Get Free Report) last issued its quarterly 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%. On average, analysts anticipate that Burberry Group plc will post 32.6294821 EPS for the current year.
Insiders Place Their Bets
In other Burberry Group news, insider Joshua Schulman purchased 29,744 shares of Burberry Group stock in a transaction on Friday, June 27th. The shares were bought at an average price of GBX 1,069 ($14.42) per share, with a total value of £317,963.36 ($428,811.00). Also, insider Kate Ferry purchased 3,228 shares of Burberry Group stock in a transaction on Friday, June 27th. The shares were acquired at an average cost of GBX 1,100 ($14.83) per share, for a total transaction of £35,508 ($47,886.72). Corporate insiders own 0.70% of the company's stock.
About Burberry Group
(
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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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