Hugo Boss (OTCMKTS:BOSSY) Short Interest Update

Hugo Boss (OTCMKTS:BOSSY) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 495 shares, a drop of 65.5% from the November 30th total of 1,434 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,919 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 2,919 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets upgraded Hugo Boss to a “hold” rating in a research report on Monday, December 8th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Hugo Boss Price Performance

Shares of Hugo Boss stock opened at $8.70 on Friday. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 12.08 and a beta of 0.63. The stock’s 50-day moving average is $8.79 and its 200-day moving average is $9.32. Hugo Boss has a one year low of $6.92 and a one year high of $10.21.

Hugo Boss (OTCMKTS:BOSSY) last announced 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 business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.01 billion. Hugo Boss had a return on equity of 15.59% and a net margin of 5.31%. On average, equities analysts expect that Hugo Boss will post 0.63 EPS for the current year.

Hugo Boss Company Profile

Hugo Boss AG is a German luxury fashion group that designs, produces and distributes a broad range of apparel, accessories and footwear under its two core brands, BOSS and HUGO. The company’s product portfolio spans men’s and women’s business wear, casual collections and athleisure, as well as fragrances, eyewear and leather goods. Hugo Boss operates through a multi-channel network that includes directly operated retail stores, e-commerce platforms and wholesale partnerships with department stores and specialty retailers.

Founded in 1924 by Hugo Ferdinand Boss and headquartered in Metzingen, Germany, the company originally produced workwear and uniforms before pivoting to high-end fashion in the latter half of the 20th century.