Burberry Group (OTCMKTS:BURBY) Stock Price Down 6.3% – Time to Sell?

Burberry Group PLC (OTCMKTS:BURBYGet Free Report)’s share price traded down 6.3% on Monday . The company traded as low as $16.17 and last traded at $16.17. 4,305 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 63,913 shares. The stock had previously closed at $17.26.

Burberry Group Stock Performance

The firm’s 50-day simple moving average is $16.67 and its 200 day simple moving average is $16.51.

Burberry Group Company Profile

(Get Free Report)

Burberry Group plc is a British luxury fashion house renowned for its distinctive designs and iconic outerwear. The company’s product portfolio encompasses ready-to-wear clothing, leather goods, handbags, accessories, footwear, fragrances and beauty items. Burberry is particularly famous for its classic trench coat, crafted from its patented gabardine fabric, and the signature checked pattern that has become a global emblem of luxury.

Founded in 1856 by Thomas Burberry in Basingstoke, England, the company initially specialized in weatherproof garments and outdoor attire.

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