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Burberry Group (OTCMKTS:BURBY) Shares Gap Down - Here's Why

Burberry Group logo with Retail/Wholesale background

Burberry Group PLC (OTCMKTS:BURBY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $16.75, but opened at $16.30. Burberry Group shares last traded at $16.26, with a volume of 1,532 shares.

Analyst Ratings Changes

A number of analysts have weighed in on BURBY shares. Barclays raised shares of Burberry Group from a "strong sell" rating to a "hold" rating in a research note on Tuesday, May 27th. Citigroup raised shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 1st. Finally, UBS Group raised shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 15th. One research analyst has rated the stock with a sell rating, one has assigned 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, the company presently has an average rating of "Buy".

View Our Latest Report on BURBY

Burberry Group Trading Down 0.7%

The company has a debt-to-equity ratio of 0.44, a current ratio of 1.18 and a quick ratio of 0.88. The stock's fifty day moving average is $13.88 and its two-hundred day moving average is $12.57.

About Burberry Group

(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

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