Hugo Boss (OTCMKTS:BOSSY) Stock Price Up 3.3% – Still a Buy?

Shares of Hugo Boss AG (OTCMKTS:BOSSY) shot up 3.3% during mid-day trading on Thursday . The company traded as high as $9.62 and last traded at $9.57. 101,060 shares changed hands during mid-day trading, an increase of 3,891% from the average session volume of 2,532 shares. The stock had previously closed at $9.26.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Citigroup raised Hugo Boss to a “hold” rating in a report on Wednesday, October 2nd. Stifel Nicolaus cut Hugo Boss from a “buy” rating to a “hold” rating in a report on Monday, July 29th.

Hugo Boss Stock Up 3.3 %

The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.62 and a current ratio of 1.62. The company’s 50-day moving average is $8.68 and its 200-day moving average is $9.18.

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.