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Burberry Group (LON:BRBY) Stock Price Crosses Above 200 Day Moving Average - What's Next?

Burberry Group logo with Consumer Cyclical background

Burberry Group plc (LON:BRBY - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 944.89 ($12.68) and traded as high as GBX 1,126 ($15.12). Burberry Group shares last traded at GBX 1,075 ($14.43), with a volume of 1,434,485 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada decreased their target price on shares of Burberry Group from GBX 1,300 ($17.45) to GBX 1,200 ($16.11) and set an "outperform" rating for the company in a research note on Friday, March 28th.

Check Out Our Latest Research Report on BRBY

Burberry Group Stock Down 3.2%

The company has a debt-to-equity ratio of 136.53, a current ratio of 1.66 and a quick ratio of 1.63. The firm's 50 day moving average is GBX 872.72 and its two-hundred day moving average is GBX 944.89. The firm has a market capitalization of £3.84 billion, a P/E ratio of 14.24, a PEG ratio of 1.66 and a beta of 1.06.

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

Burberry Group Company Profile

(Get Free Report)

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

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.

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