Mothercare (LON:MTC) Shares Cross Above 200-Day Moving Average – Should You Sell?

Shares of Mothercare plc (LON:MTC) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.03 ($0.05) and traded as high as GBX 4.62 ($0.06). Mothercare shares last traded at GBX 3.60 ($0.04), with a volume of 1,144 shares changing hands.

Mothercare Stock Performance

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. The stock has a market cap of £20.30 million, a price-to-earnings ratio of 223.00, a PEG ratio of 1.12 and a beta of 1.15. The stock’s 50 day moving average is GBX 3.93 and its two-hundred day moving average is GBX 4.03.

Insider Activity

In related news, insider Andrew Cook bought 1,000,000 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were acquired at an average price of GBX 3 ($0.04) per share, with a total value of £30,000 ($36,719.71). Corporate insiders own 44.63% of the company’s stock.

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.