Gear4music (LON:G4M) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Gear4music (Holdings) plc (LON:G4M)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 295.96 and traded as high as GBX 307.28. Gear4music shares last traded at GBX 307.28, with a volume of 278,792 shares trading hands.

Gear4music Stock Up 1.5%

The stock has a market capitalization of £64.92 million, a price-to-earnings ratio of 81.45, a price-to-earnings-growth ratio of 0.78 and a beta of 1.41. The company has a quick ratio of 0.43, a current ratio of 2.19 and a debt-to-equity ratio of 79.53. The stock has a 50 day moving average price of GBX 295.96 and a 200 day moving average price of GBX 251.17.

Gear4music (LON:G4M) last released its quarterly earnings data on Tuesday, November 18th. The company reported GBX 9.60 earnings per share (EPS) for the quarter. Gear4music had a return on equity of 2.60% and a net margin of 0.68%. As a group, analysts forecast that Gear4music will post 22.0105125 EPS for the current year.

Gear4music Company Profile

Operating from a Head Office in York, Distribution Centres in York, Bacup, Sweden, Germany, Ireland & Spain, and showrooms in York, Bacup, Sweden & Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and the Rest of the World.

Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.