Burberry Group (OTCMKTS:BURBY) Downgraded by Jefferies Financial Group

Jefferies Financial Group cut shares of Burberry Group (OTCMKTS:BURBY) from a hold rating to an underperform rating in a research report released on Friday, MarketBeat Ratings reports.

Burberry Group Trading Down 3.1 %

BURBY opened at $8.06 on Friday. Burberry Group has a 1 year low of $7.38 and a 1 year high of $25.93. The company has a current ratio of 1.66, a quick ratio of 1.07 and a debt-to-equity ratio of 0.26. The business’s 50-day moving average is $8.96 and its two-hundred day moving average is $12.27.

About Burberry Group

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.