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Burberry Group (OTCMKTS:BURBY) Sets New 52-Week High - Here's What Happened

Burberry Group logo with Retail/Wholesale background

Burberry Group PLC (OTCMKTS:BURBY - Get Free Report) hit a new 52-week high on Friday . The company traded as high as $18.03 and last traded at $17.91, with a volume of 14557 shares changing hands. The stock had previously closed at $16.84.

Analyst Ratings Changes

BURBY has been the subject of a number of research reports. Barclays upgraded Burberry Group from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 27th. UBS Group raised Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 15th. Finally, Citigroup raised Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 1st. One analyst has rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and five have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy".

Read Our Latest Research Report on Burberry Group

Burberry Group Trading Up 2.8%

The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.44. The firm's 50-day simple moving average is $14.71 and its 200-day simple moving average is $12.77.

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.

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