Shares of Burberry Group PLC (OTCMKTS:BURBY – Get Free Report) were down 6.3% during trading on Monday . The company traded as low as $16.17 and last traded at $16.17. Approximately 4,305 shares were traded during trading, a decline of 93% from the average daily volume of 63,913 shares. The stock had previously closed at $17.26.
Burberry Group Price Performance
The company’s 50-day moving average price is $16.67 and its two-hundred day moving average price is $16.51.
Burberry Group Company Profile
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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