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

Hugo Boss (OTCMKTS:BOSSY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $8.02, but opened at $8.40. Hugo Boss shares last traded at $8.18, with a volume of 705 shares.

Hugo Boss Stock Performance

The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 11.36 and a beta of 0.63. The business has a 50-day moving average of $9.07 and a 200-day moving average of $9.38.

Hugo Boss (OTCMKTS:BOSSY) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.20 EPS for the quarter, beating the consensus estimate 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 5.31% and a return on equity of 15.59%. On average, research analysts predict that Hugo Boss will post 0.63 earnings per share for the current fiscal 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.