Shoe Zone (LON:SHOE) Stock Price Down 23% – Should You Sell?

Shoe Zone plc (LON:SHOEGet Free Report)’s share price traded down 23% on Tuesday . The company traded as low as GBX 45 and last traded at GBX 52. 253,995 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 307,744 shares. The stock had previously closed at GBX 67.50.

Shoe Zone Stock Down 20.2%

The firm’s 50-day simple moving average is GBX 72.35 and its 200 day simple moving average is GBX 78.40. The company has a debt-to-equity ratio of 107.10, a quick ratio of 0.49 and a current ratio of 1.16. The stock has a market capitalization of £24.89 million, a P/E ratio of 9.72 and a beta of 1.25.

Shoe Zone (LON:SHOEGet Free Report) last announced its quarterly earnings data on Tuesday, January 13th. The company reported GBX 1,489.20 earnings per share for the quarter. Shoe Zone had a return on equity of 46.48% and a net margin of 8.58%. As a group, research analysts expect that Shoe Zone plc will post 16.1335722 EPS for the current year.

Shoe Zone Company Profile

(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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