boohoo group (LON:BOO) Earns “Sell” Rating from Shore Capital

boohoo group (LON:BOO)‘s stock had its “sell” rating reaffirmed by stock analysts at Shore Capital in a report released on Tuesday, MarketBeat.com reports.

boohoo group Stock Performance

LON BOO opened at GBX 26.08 ($0.34) on Tuesday. The company’s fifty day simple moving average is GBX 28.70 and its 200-day simple moving average is GBX 30.19. boohoo group has a 52 week low of GBX 24.90 ($0.32) and a 52 week high of GBX 39.48 ($0.51). 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 stock has a market cap of £336.04 million, a P/E ratio of -2.27 and a beta of 1.80.

Insider Activity at boohoo group

In other news, insider Carol Mary Kane acquired 320,943 shares of the company’s stock in a transaction that occurred on Tuesday, January 7th. The shares were acquired at an average price of GBX 31 ($0.40) per share, with a total value of £99,492.33 ($129,026.49). 56.60% of the stock is currently owned by corporate insiders.

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.