Clive Whiley Buys 42,000,000 Shares of Mothercare (LON:MTC) Stock

Mothercare plc (LON:MTC) insider Clive Whiley bought 42,000,000 shares of the business’s stock in a transaction on Tuesday, December 23rd. The stock was acquired at an average cost of GBX 1 per share, for a total transaction of £420,000.

Mothercare Stock Up 9.2%

LON:MTC opened at GBX 2.39 on Thursday. The firm has a market capitalization of £13.48 million, a PE ratio of 2.17, a price-to-earnings-growth ratio of 1.12 and a beta of 1.15. The stock has a 50 day moving average of GBX 2.49 and a 200-day moving average of GBX 2.74. The company has a current ratio of 1.28, a quick ratio of 1.31 and a debt-to-equity ratio of 1,691.67. Mothercare plc has a 52 week low of GBX 1 and a 52 week high of GBX 4.80.

Mothercare (LON:MTC) last posted its earnings results on Tuesday, December 23rd. The company reported GBX (0.30) earnings per share (EPS) for the quarter. Analysts predict that Mothercare plc will post 0.2157576 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft decreased their price objective on Mothercare from GBX 650 to GBX 450 and set a “buy” rating for the company in a report on Thursday, September 25th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Mothercare currently has a consensus rating of “Buy” and an average target price of GBX 450.

Mothercare Company Profile

Mothercare plc, through its subsidiaries, operates as a specialist franchisor of products for parents and young children under the Mothercare brand. The company provides clothing, footwear, home and travel products, and toys. It operates through Mothercare stores, as well as online stores under the Mothercare brand. The company was founded in 1961 and is headquartered in Hemel Hempstead, the United Kingdom.