Burberry Group plc (OTCMKTS:BURBY – Get Free Report) was the target of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 41,800 shares, a decline of 28.8% from the January 15th total of 58,700 shares. Based on an average daily trading volume, of 186,700 shares, the short-interest ratio is currently 0.2 days.
Burberry Group Stock Performance
OTCMKTS:BURBY traded down $0.01 during trading on Friday, reaching $14.96. The company’s stock had a trading volume of 33,749 shares, compared to its average volume of 78,474. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 0.33. The firm has a 50 day moving average of $12.90 and a 200-day moving average of $10.66. Burberry Group has a 12 month low of $7.38 and a 12 month high of $17.32.
Analysts Set New Price Targets
BURBY has been the topic of several research analyst reports. Royal Bank of Canada upgraded shares of Burberry Group from a “sector perform” rating to an “outperform” rating in a report on Wednesday, November 6th. Sanford C. Bernstein upgraded shares of Burberry Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 30th. Finally, UBS Group upgraded shares of Burberry Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.
About Burberry Group
Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.
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