boohoo group (OTCMKTS:BHOOY) Stock Price Up 18.7% – Time to Buy?

boohoo group plc (OTCMKTS:BHOOYGet Free Report)’s share price shot up 18.7% on Friday . The company traded as high as $9.75 and last traded at $9.75. 207 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 953 shares. The stock had previously closed at $8.21.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Hsbc Global Res upgraded boohoo group to a “strong-buy” rating in a research report on Tuesday, October 22nd. Barclays raised shares of boohoo group to a “strong sell” rating in a report on Monday, November 18th.

Get Our Latest Stock Analysis on BHOOY

boohoo group Trading Up 18.7 %

The business’s 50-day moving average price is $7.55 and its 200 day moving average price is $7.85.

boohoo group Company Profile

(Get Free Report)

boohoo group plc, through its subsidiaries, operates as an online clothing retailer in the United Kingdom, rest of Europe, the United States, and internationally. The company designs, sources, markets, and sells clothing, shoes, accessories, and beauty products for 16-to-45-year age customers. It provides its products under the boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Dorothy Perkins, Wallis, Burton, and Debenhams brands.

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