Mulberry Group (LON:MUL) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Mulberry Group plc (LON:MULGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 111.31 ($1.39) and traded as low as GBX 100 ($1.25). Mulberry Group shares last traded at GBX 100.22 ($1.25), with a volume of 27 shares.

Mulberry Group Price Performance

The business’s fifty day simple moving average is GBX 106.97 and its 200 day simple moving average is GBX 111.31. The firm has a market capitalization of £60.17 million, a price-to-earnings ratio of -170.93, a PEG ratio of 0.82 and a beta of 1.29. The company has a debt-to-equity ratio of 746.45, a current ratio of 0.98 and a quick ratio of 0.66.

Mulberry Group Company Profile

(Get Free Report)

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.

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