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

Shares of Mulberry Group plc (LON:MUL) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 96.65 and traded as low as GBX 95. Mulberry Group shares last traded at GBX 95, with a volume of 361 shares traded.

Mulberry Group Stock Performance

The firm has a market capitalization of £66.65 million, a P/E ratio of -2.90, a P/E/G ratio of 0.82 and a beta of 1.29. The company has a debt-to-equity ratio of 466.57, a current ratio of 0.98 and a quick ratio of 0.66. The firm has a 50-day moving average price of GBX 95.26 and a two-hundred day moving average price of GBX 96.65.

Mulberry Group (LON:MUL) last posted its quarterly earnings results on Wednesday, November 19th. The company reported GBX (10) EPS for the quarter. Mulberry Group had a negative return on equity of 117.82% and a negative net margin of 21.92%. On average, analysts forecast that Mulberry Group plc will post 1700.0000961 EPS for the current fiscal year.

About Mulberry Group

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.