Shoe Zone (LON:SHOE) Share Price Passes Below 200 Day Moving Average – Here’s Why

Shoe Zone plc (LON:SHOEGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 123.41 ($1.59) and traded as low as GBX 87 ($1.12). Shoe Zone shares last traded at GBX 89 ($1.15), with a volume of 37,493 shares trading hands.

Shoe Zone Stock Down 3.8 %

The stock’s 50 day moving average is GBX 98.10 and its 200 day moving average is GBX 123.41. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 107.10. The firm has a market cap of £40.87 million, a price-to-earnings ratio of 2.88 and a beta of 1.25.

Shoe Zone (LON:SHOEGet Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The company reported GBX 16.04 ($0.21) earnings per share (EPS) for the quarter. Shoe Zone had a return on equity of 46.48% and a net margin of 8.58%. Analysts forecast that Shoe Zone plc will post 16.1335722 EPS for the current year.

About Shoe Zone

(Get Free Report)

Shoe Zone plc operates as a footwear retailer in the United Kingdom. It offers shoes for men, women, boys, and girls. It offers its product through stores and a website, shoezone.com. The company was incorporated in 2014 and is based in Leicester, the United Kingdom.

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