Moss Bros Group (MOSB) Trading Up 12.2%

Moss Bros Group (LON:MOSB) shares were up 12.2% on Wednesday . The company traded as high as GBX 53.80 ($0.73) and last traded at GBX 52.80 ($0.72). Approximately 707,453 shares traded hands during trading, an increase of 721% from the average daily volume of 86,152 shares. The stock had previously closed at GBX 47.05 ($0.64).

A number of research analysts have recently weighed in on MOSB shares. Peel Hunt reaffirmed a “hold” rating on shares of Moss Bros Group in a research report on Wednesday. Liberum Capital reissued a “hold” rating and issued a GBX 70 ($0.95) price target on shares of Moss Bros Group in a report on Wednesday, March 21st.

The firm also recently declared a dividend, which will be paid on Friday, June 22nd. Investors of record on Thursday, May 10th will be issued a GBX 1.97 ($0.03) dividend. The ex-dividend date is Thursday, May 10th. This represents a yield of 4.06%.

About Moss Bros Group

Moss Bros Group PLC, together with its subsidiaries, retails and hires formal wear for men primarily in the United Kingdom. The company operates through Retail and Hire segments. It sells men's suits, shirts, jackets, trousers, coats, casual wear, ties, and shoes; and accessories, including cufflinks, tie bars, pocket squares and handkerchiefs, bags and luggage, wallets, belts, socks, braces, gift shops, cummerbunds, top hats, scarves, gloves, umbrellas, and suit carriers through branded and outlet stores, and online.

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