Hugo Boss (OTCMKTS:BOSSY) Stock Price Passes Below Fifty Day Moving Average – What’s Next?

Hugo Boss AG (OTCMKTS:BOSSY) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $8.95 and traded as low as $7.65. Hugo Boss shares last traded at $7.65, with a volume of 548 shares changing hands.

Analysts Set New Price Targets

Separately, UBS Group lowered shares of Hugo Boss from a “strong-buy” rating to a “hold” rating in a report on Friday, March 14th.

Hugo Boss Price Performance

The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 11.42 and a beta of 1.03. The firm has a fifty day moving average price of $8.95 and a 200 day moving average price of $8.77. The company has a current ratio of 1.61, a quick ratio of 0.60 and a debt-to-equity ratio of 0.79.

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.