boohoo group plc (LON:BOO – Get Free Report)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 30.13 ($0.39) and traded as low as GBX 26 ($0.34). boohoo group shares last traded at GBX 26.30 ($0.34), with a volume of 6,972,090 shares.
Analysts Set New Price Targets
Separately, Shore Capital reissued a “sell” rating on shares of boohoo group in a report on Tuesday, March 11th.
Read Our Latest Stock Report on boohoo group
boohoo group Stock Performance
Insider Transactions at boohoo group
In other news, insider Carol Mary Kane purchased 320,943 shares of the stock in a transaction dated Tuesday, January 7th. The shares were purchased at an average cost of GBX 31 ($0.40) per share, with a total value of £99,492.33 ($129,345.20). Corporate 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.
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