Burberry Group (OTCMKTS:BURBY) Downgraded by Jefferies Financial Group

Burberry Group (OTCMKTS:BURBY) was downgraded by Jefferies Financial Group from a “hold” rating to an “underperform” rating in a research note issued to investors on Friday, Briefing.com reports.

Burberry Group Stock Up 2.5 %

Shares of OTCMKTS:BURBY opened at $8.32 on Friday. The company’s 50-day moving average is $9.03 and its 200 day moving average is $12.38. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.66 and a quick ratio of 1.07. Burberry Group has a fifty-two week low of $7.38 and a fifty-two week high of $25.93.

About Burberry Group

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.