Burberry Group (OTCMKTS:BURBY) Trading Up 1.9% - Here's Why

Key Points

• Burberry Group PLC shares rose by 1.9% to close at $15.81, with trading volume up 60% compared to the average session.
• The company currently maintains a fifty-day moving average of $16.40 and a 200-day moving average of $13.83, indicating its stock price performance trend.
• Burberry operates in the luxury goods sector, offering products across multiple categories including womenswear, menswear, and accessories.

Burberry Group PLC (OTCMKTS:BURBY - ) shot up 1.9% on Monday . The company traded as high as $15.96 and last traded at $15.81. 52,870 shares changed hands during trading, an increase of 60% from the average session volume of 33,121 shares. The stock had previously closed at $15.52.

Burberry Group Price Performance

The company has a fifty day simple moving average of $16.40 and a 200-day simple moving average of $13.83. 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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