Hugo Boss AG (OTCMKTS:BOSSY) Short Interest Update

Hugo Boss AG (OTCMKTS:BOSSY) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 300 shares, a drop of 97.5% from the December 15th total of 11,800 shares. Based on an average trading volume of 8,500 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

A number of analysts recently commented on BOSSY shares. Citigroup raised Hugo Boss to a “hold” rating in a research note on Wednesday, October 2nd. UBS Group raised Hugo Boss from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 3rd.

Hugo Boss Stock Down 3.2 %

BOSSY stock traded down $0.29 during midday trading on Monday, hitting $8.88. 76,806 shares of the company’s stock were exchanged, compared to its average volume of 46,934. The company has a current ratio of 1.61, a quick ratio of 0.62 and a debt-to-equity ratio of 0.79. Hugo Boss has a 12-month low of $6.59 and a 12-month high of $13.86. The firm has a 50 day moving average price of $8.64 and a 200-day moving average price of $8.60. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 13.25 and a beta of 1.03.

Hugo Boss (OTCMKTS:BOSSY) last issued its earnings results on Tuesday, November 5th. The company reported $0.17 EPS for the quarter. The company had revenue of $1.13 billion during the quarter. Hugo Boss had a return on equity of 16.17% and a net margin of 5.08%. On average, analysts anticipate that Hugo Boss will post 0.64 EPS for the current year.

About Hugo Boss

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.