Hugo Boss (ETR:BOSS) Stock Price Up 1.1% – Time to Buy?

Hugo Boss AG (ETR:BOSS)’s share price was up 1.1% during trading on Wednesday . The stock traded as high as €37.11 and last traded at €36.54. Approximately 508,861 shares changed hands during mid-day trading, an increase of 58% from the average daily volume of 321,526 shares. The stock had previously closed at €36.16.

Hugo Boss Price Performance

The firm has a fifty day moving average price of €35.63 and a two-hundred day moving average price of €38.73. The company has a quick ratio of 0.44, a current ratio of 1.61 and a debt-to-equity ratio of 65.96. The stock has a market capitalization of $2.56 billion, a P/E ratio of 11.99, a P/E/G ratio of 2.06 and a beta of 1.34.

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. Hugo Boss AG was founded in 1924 and is headquartered in Metzingen, Germany.