Burberry Group (OTCMKTS:BURBY) Downgraded by Jefferies Financial Group

Jefferies Financial Group cut shares of Burberry Group (OTCMKTS:BURBY) from a hold rating to an underperform rating in a research report sent to investors on Friday morning, MarketBeat.com reports.

Burberry Group Stock Down 3.1 %

Shares of BURBY stock opened at $8.06 on Friday. The business’s 50 day moving average is $8.96 and its two-hundred day moving average is $12.27. Burberry Group has a twelve month low of $7.38 and a twelve month high of $25.93. The company has a current ratio of 1.66, a quick ratio of 1.07 and a debt-to-equity ratio of 0.26.

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.