Barclays Reiterates Underweight Rating for boohoo group (LON:BOO)

Barclays reaffirmed their underweight rating on shares of boohoo group (LON:BOO - Free Report) in a report released on Tuesday, Marketbeat reports. Barclays currently has a GBX 26 ($0.33) price target on the stock.

boohoo group Stock Performance

Shares of LON:BOO traded down GBX 0.66 ($0.01) during trading on Tuesday, hitting GBX 36.08 ($0.46). 2,086,334 shares of the stock were exchanged, compared to its average volume of 5,686,392. boohoo group has a 1-year low of GBX 27.77 ($0.35) and a 1-year high of GBX 57.78 ($0.73). The company has a market capitalization of £458.22 million, a price-to-earnings ratio of -515.43 and a beta of 1.78. The company's fifty day simple moving average is GBX 35.12 and its 200-day simple moving average is GBX 34.81. The company has a debt-to-equity ratio of 119.07, a quick ratio of 0.92 and a current ratio of 1.53.

boohoo group Company Profile

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.