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 Tuesday . The stock has a 200-day moving average of GBX 110.39 ($1.35) and traded as low as GBX 100 ($1.22). Mulberry Group shares last traded at GBX 100 ($1.22), with a volume of 4,949 shares.

Mulberry Group Stock Performance

The business’s fifty day simple moving average is GBX 105.53 and its 200-day simple moving average is GBX 110.39. The firm has a market capitalization of £59.66 million, a PE ratio of -169.49, a price-to-earnings-growth ratio of 0.82 and a beta of 1.29. The company has a debt-to-equity ratio of 746.45, a quick ratio of 0.66 and a current ratio of 0.98.

About Mulberry Group

(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.

Read More

Receive News & Ratings for Mulberry Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mulberry Group and related companies with MarketBeat.com's FREE daily email newsletter.