Insider Buying: Mothercare (LON:MTC) Insider Acquires 5,000,000 Shares of Stock

Mothercare plc (LON:MTC) insider Andrew Cook purchased 5,000,000 shares of the business’s stock in a transaction dated Tuesday, December 23rd. The shares were acquired at an average cost of GBX 1 per share, for a total transaction of £50,000.

Mothercare Stock Performance

Shares of LON:MTC traded down GBX 0.16 on Tuesday, hitting GBX 2.30. The company’s stock had a trading volume of 215,187,922 shares, compared to its average volume of 1,425,651. The stock’s 50-day moving average is GBX 2.51 and its two-hundred day moving average is GBX 2.75. The company has a market capitalization of £12.96 million, a price-to-earnings ratio of 2.09, a price-to-earnings-growth ratio of 1.12 and a beta of 1.15. The company has a debt-to-equity ratio of 1,691.67, a quick ratio of 1.31 and a current ratio of 1.28. Mothercare plc has a 12 month low of GBX 1 and a 12 month high of GBX 4.80.

Mothercare (LON:MTC) last issued its quarterly earnings results on Tuesday, December 23rd. The company reported GBX (0.30) earnings per share (EPS) for the quarter. On average, equities research analysts forecast that Mothercare plc will post 0.2157576 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft dropped their target price on Mothercare from GBX 650 to GBX 450 and set a “buy” rating on the stock in a report on Thursday, September 25th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 450.

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. The company was founded in 1961 and is headquartered in Hemel Hempstead, the United Kingdom.