boohoo group (OTCMKTS:BHHOF) Stock Price Up 95.8% – Still a Buy?

boohoo group plc (OTCMKTS:BHHOFGet Free Report)’s share price was up 95.8% on Friday . The company traded as high as $0.3205 and last traded at $0.3205. Approximately 145 shares changed hands during trading, a decline of 78% from the average daily volume of 671 shares. The stock had previously closed at $0.1637.

boohoo group Price Performance

The firm has a 50-day simple moving average of $0.22 and a 200 day simple moving average of $0.21.

boohoo group Company Profile

(Get Free Report)

Boohoo Group is a UK‐based online fashion retailer founded in 2006 by Mahmud Kamani and Carol Kane. Headquartered in Manchester, the company focuses on designing, sourcing and selling fast‐fashion apparel and accessories primarily targeted at young consumers. Since its inception, Boohoo has built an entirely digital business model, leveraging real‐time trend data and an agile supply chain to bring new product lines to market in a matter of weeks.

The group operates a multi‐brand portfolio that includes its flagship boohoo and boohooMAN labels, alongside acquired and partner brands such as PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast and the online division of Debenhams.

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