Mulberry Group (LON:MUL) Shares Pass Below 200-Day Moving Average – Should You Sell?

Mulberry Group plc (LON:MUL)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 109.98 ($1.35) and traded as low as GBX 97.50 ($1.20). Mulberry Group shares last traded at GBX 97.69 ($1.20), with a volume of 515 shares traded.

Mulberry Group Trading Up 0.2 %

The firm has a market cap of £58.28 million, a price-to-earnings ratio of -165.57, a PEG ratio of 0.82 and a beta of 1.29. The business has a fifty day moving average of GBX 104.85 and a two-hundred day moving average of GBX 109.98. The company has a debt-to-equity ratio of 746.45, a quick ratio of 0.66 and a current ratio of 0.98.

Mulberry Group (LON:MUL) last posted its earnings results on Tuesday, November 19th. The company reported GBX (26.70) (($0.33)) earnings per share for the quarter. Mulberry Group had a negative net margin of 21.92% and a negative return on equity of 121.38%. As a group, equities analysts expect that Mulberry Group plc will post 1700.0000961 earnings per share for the current fiscal year.

Mulberry Group Company Profile

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.