Mulberry Group (LON:MUL) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Mulberry Group plc (LON:MUL) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 109.98 ($1.35) and traded as low as GBX 97.50 ($1.20). Mulberry Group shares last traded at GBX 97.69 ($1.20), with a volume of 515 shares trading hands.

Mulberry Group Stock Up 0.2 %

The company has a debt-to-equity ratio of 746.45, a current ratio of 0.98 and a quick ratio of 0.66. The firm’s 50 day moving average price is GBX 104.85 and its two-hundred day moving average price is GBX 109.98. The firm has a market cap of £58.28 million, a price-to-earnings ratio of -165.57, a P/E/G ratio of 0.82 and a beta of 1.29.

Mulberry Group (LON:MUL) last posted its quarterly earnings data on Tuesday, November 19th. The company reported GBX (26.70) (($0.33)) earnings per share for the quarter. Mulberry Group had a negative return on equity of 121.38% and a negative net margin of 21.92%. As a group, sell-side analysts forecast that Mulberry Group plc will post 1700.0000961 earnings per share for the current fiscal year.

Mulberry Group Company Profile

Mulberry Group plc, together with its subsidiaries, designs and manufactures fashion accessories and clothing in the United Kingdom, Asia Pacific, and internationally. The company offers briefcases, messenger bags, and backpacks; wallets, and purses and pouches; sunglasses, scarves, gloves and hats, belts, cufflinks, keyrings, and shoes; jewelry, organisers, leather care, and care products; gifts; and luggage, holdalls, bag, and other travel accessories for men and women, as well as ready-to-wear and eyewear products.