Burberry Group (OTCMKTS:BURBY) Trading Up 0.9% - Here's What Happened

Key Points

• Burberry Group PLC's share price increased by 0.9%, reaching $16.65 during mid-day trading, with trading volume up by 81% from the average.
• The company's 50-day moving average stands at $16.07, while its 200-day moving average is $14.44, indicating a positive trend in stock performance.
• Burberry operates in the luxury goods sector, selling a wide range of products, including womenswear, menswear, and accessories under the Burberry brand.

Burberry Group PLC (OTCMKTS:BURBY - )'s share price shot up 0.9% during mid-day trading on Monday . The stock traded as high as $16.65 and last traded at $16.65. 65,746 shares were traded during trading, an increase of 81% from the average session volume of 36,369 shares. The stock had previously closed at $16.49.

Burberry Group Stock Performance

The business has a 50 day moving average of $16.07 and a 200-day moving average of $14.44. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.44.

Burberry Group Company Profile

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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