Hugo Boss (OTCMKTS:BOSSY) Trading Down 5.8% – Here’s Why

Hugo Boss (OTCMKTS:BOSSY) dropped 5.8% during trading on Tuesday . The company traded as low as $8.50 and last traded at $8.50. Approximately 3,798 shares were traded during trading, a decline of 18% from the average daily volume of 4,613 shares. The stock had previously closed at $9.02.

Hugo Boss Stock Performance

The company’s fifty day moving average price is $9.23 and its two-hundred day moving average price is $9.42. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.58 and a current ratio of 1.54. The firm has a market capitalization of $2.87 billion, a PE ratio of 12.04 and a beta of 0.85.

Hugo Boss (OTCMKTS:BOSSY) last released its earnings results on Tuesday, November 4th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.01 billion. Hugo Boss had a net margin of 5.15% and a return on equity of 15.57%. As a group, equities analysts expect that Hugo Boss will post 0.63 earnings per share for the current year.

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.