Hugo Boss (OTCMKTS:BOSSY) Trading 3.3% Higher – Here’s Why

Hugo Boss AG (OTCMKTS:BOSSY) shares shot up 3.3% on Thursday . The company traded as high as $9.62 and last traded at $9.57. 101,060 shares traded hands during mid-day trading, an increase of 3,891% from the average session volume of 2,532 shares. The stock had previously closed at $9.26.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Stifel Nicolaus lowered shares of Hugo Boss from a “buy” rating to a “hold” rating in a research note on Monday, July 29th. Citigroup upgraded Hugo Boss to a “hold” rating in a research report on Wednesday, October 2nd.

Hugo Boss Stock Performance

The business’s 50 day moving average is $8.68 and its 200-day moving average is $9.18. The company has a quick ratio of 0.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.81.

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.