Hugo Boss (OTCMKTS:BOSSY) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened

Hugo Boss AG (OTCMKTS:BOSSY) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $9.19 and traded as low as $9.03. Hugo Boss shares last traded at $9.03, with a volume of 919 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised Hugo Boss from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 3rd.

Hugo Boss Trading Up 0.3 %

The company has a market cap of $3.12 billion, a PE ratio of 13.48 and a beta of 1.03. The company has a current ratio of 1.61, a quick ratio of 0.60 and a debt-to-equity ratio of 0.79. The stock has a 50 day moving average price of $9.19 and a 200 day moving average price of $8.80.

Hugo Boss Company Profile

Hugo Boss AG, together with its subsidiaries, provides apparels, shoes, and accessories for men and women worldwide. It also offers licensed products comprising of fragrances, eyewear, watches, children’s fashion, equestrian, and cycling. The company markets and sells its products under the BOSS and HUGO brand names through freestanding stores, shop-in-shops, factory outlets, multi-brand stores, and franchise business, as well as online retailers, distribution, and stores.