boohoo group (OTCMKTS:BHOOY) Trading 18.7% Higher – Still a Buy?

boohoo group plc (OTCMKTS:BHOOY) traded up 18.7% on Friday . The company traded as high as $9.75 and last traded at $9.75. 207 shares traded hands during trading, a decline of 78% from the average session volume of 953 shares. The stock had previously closed at $8.21.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Barclays raised boohoo group to a “strong sell” rating in a research note on Monday, November 18th. Hsbc Global Res upgraded shares of boohoo group to a “strong-buy” rating in a report on Tuesday, October 22nd.

boohoo group Stock Performance

The firm’s 50-day simple moving average is $7.55 and its 200-day simple moving average is $7.85.

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.