Hugo Boss (OTCMKTS:BOSSY) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Hugo Boss AG (OTCMKTS:BOSSY)’s stock price passed 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.

Analyst Upgrades and Downgrades

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

Hugo Boss Price Performance

The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.60 and a current ratio of 1.61. The company’s fifty day moving average price is $8.95 and its 200 day moving average price is $8.76. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 11.42 and a beta of 1.03.

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.