Hugo Boss (OTCMKTS:BOSSY) Shares Up 1% – Should You Buy?

Shares of Hugo Boss AG (OTCMKTS:BOSSY) shot up 1% during trading on Tuesday . The stock traded as high as $10.13 and last traded at $9.87. 2,857 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 9,785 shares. The stock had previously closed at $9.77.

Analysts Set New Price Targets

Separately, UBS Group upgraded shares of Hugo Boss from a “neutral” rating to a “buy” rating in a report on Tuesday, December 3rd.

Hugo Boss Stock Performance

The firm’s fifty day moving average price is $9.05 and its 200 day moving average price is $8.71. The company has a current ratio of 1.61, a quick ratio of 0.60 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of 14.73 and a beta of 1.03.

Hugo Boss Company Profile

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.