Burberry Group plc (OTCMKTS:BURBY - Get Free Report) saw a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 3,100 shares, a decrease of 79.9% from the May 15th total of 15,400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 66,100 shares, the short-interest ratio is presently 0.0 days.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on BURBY shares. Citigroup upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 1st. UBS Group upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 15th. Barclays upgraded Burberry Group from a "strong sell" rating to a "hold" rating in a research note on Tuesday, May 27th. BNP Paribas upgraded Burberry Group to a "strong-buy" rating in a research report on Tuesday, March 11th. Finally, Kepler Capital Markets upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and five have given a strong buy rating to the company's stock. According to MarketBeat.com, Burberry Group currently has a consensus rating of "Buy".
View Our Latest Analysis on Burberry Group
Burberry Group Price Performance
OTCMKTS BURBY traded up $0.43 during trading hours on Thursday, reaching $15.24. 38,319 shares of the company's stock were exchanged, compared to its average volume of 86,427. The firm has a fifty day moving average of $11.30 and a 200-day moving average of $12.08. Burberry Group has a one year low of $7.38 and a one year high of $15.49. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 0.33.
About Burberry Group
(
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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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