boohoo group (LON:BOO) Shares Pass Below 200 Day Moving Average of $34.91

boohoo group plc (LON:BOO - Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 34.91 ($0.43) and traded as low as GBX 33 ($0.41). boohoo group shares last traded at GBX 33.24 ($0.41), with a volume of 3,421,237 shares changing hands.

Wall Street Analyst Weigh In

Separately, Barclays reaffirmed an "underweight" rating and issued a GBX 26 ($0.32) price objective on shares of boohoo group in a report on Tuesday, April 9th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of GBX 42.50 ($0.53).

boohoo group Stock Up 1.1 %

The stock has a market capitalization of £426.97 million, a price-to-earnings ratio of -480.86 and a beta of 1.78. The business's 50-day moving average is GBX 35.20 and its two-hundred day moving average is GBX 34.91. The company has a quick ratio of 0.92, a current ratio of 1.53 and a debt-to-equity ratio of 119.07.

About boohoo group

boohoo group plc, through its subsidiaries, operates as an online clothing retailer in the United Kingdom, rest of Europe, the United States, and internationally. The company designs, sources, markets, and sells clothing, shoes, accessories, and beauty products for 16-to-45-year age customers. It provides its products under the boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Dorothy Perkins, Wallis, Burton, and Debenhams brands.