Mulberry Group (LON:MUL) Shares Down 4.8% – Here’s What Happened

Mulberry Group plc (LON:MUL)’s stock price dropped 4.8% during trading on Tuesday . The stock traded as low as GBX 95 ($1.21) and last traded at GBX 100 ($1.28). Approximately 19 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 5,731 shares. The stock had previously closed at GBX 105 ($1.34).

Mulberry Group Stock Performance

The company has a debt-to-equity ratio of 746.45, a quick ratio of 0.66 and a current ratio of 0.98. The company has a market cap of £59.66 million, a P/E ratio of -169.49, a P/E/G ratio of 0.82 and a beta of 1.29. The stock’s fifty day moving average price is GBX 111.90 and its two-hundred day moving average price is GBX 112.69.

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.