boohoo group (LON:BOO) Given “Sell” Rating at Shore Capital

boohoo group (LON:BOO)‘s stock had its “sell” rating reaffirmed by equities research analysts at Shore Capital in a research report issued to clients and investors on Tuesday, MarketBeat reports.

boohoo group Price Performance

BOO stock opened at GBX 26.08 ($0.34) on Tuesday. The firm has a 50-day moving average of GBX 28.70 and a two-hundred day moving average of GBX 30.19. The company has a current ratio of 1.43, a quick ratio of 0.92 and a debt-to-equity ratio of 159.78. The firm has a market capitalization of £336.04 million, a PE ratio of -2.27 and a beta of 1.80. boohoo group has a one year low of GBX 24.90 ($0.32) and a one year high of GBX 39.48 ($0.51).

Insider Activity at boohoo group

In related news, insider Carol Mary Kane purchased 320,943 shares of the stock in a transaction on Tuesday, January 7th. The shares were bought at an average price of GBX 31 ($0.40) per share, for a total transaction of £99,492.33 ($129,026.49). Insiders own 56.60% of the company’s stock.

boohoo group Company Profile

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.