Burberry Group (OTCMKTS:BURBY) Stock Price Down 6.2% - Should You Sell?

Key Points

• Burberry Group PLC's stock price fell by 6.2% during trading, reaching a low of $16.10 before closing at $16.26, significantly lower than its previous close of $17.34.
• Recent analyst ratings reflect a mixed sentiment with one strong sell, five strong buy, and one buy rating, resulting in an average rating of "Buy".
• The company has a debt-to-equity ratio of 0.44 and its stock is currently trading below its 50-day simple moving average of $16.85.

Burberry Group PLC (OTCMKTS:BURBY - Get Free Report)'s share price was down 6.2% during trading on Tuesday . The company traded as low as $16.10 and last traded at $16.26. Approximately 6,513 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 79,167 shares. The stock had previously closed at $17.34.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BURBY. Barclays upgraded shares of Burberry Group from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 27th. UBS Group upgraded shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 15th. Five research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy".

Burberry Group Stock Down 8.3%

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 company's 50 day simple moving average is $16.85 and its 200 day simple moving average is $13.63.

About Burberry Group

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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