Hugo Boss (OTCMKTS:BOSSY) Stock Price Down 7.5% – Should You Sell?

Hugo Boss AG (OTCMKTS:BOSSY)’s share price was down 7.5% during trading on Thursday . The stock traded as low as $7.55 and last traded at $7.67. Approximately 5,772 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 5,539 shares. The stock had previously closed at $8.29.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded shares of Hugo Boss to a “hold” rating in a research report on Wednesday, October 2nd.

Hugo Boss Stock Performance

The stock has a 50 day moving average of $8.77 and a two-hundred day moving average of $8.93. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.62 and a quick ratio of 0.62.

Hugo Boss (OTCMKTS:BOSSY) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $0.17 earnings per share for the quarter. The firm had revenue of $1.13 billion for the quarter. Hugo Boss had a return on equity of 16.28% and a net margin of 5.08%. As a group, equities analysts forecast that Hugo Boss AG will post 0.68 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.