Mulberry Group (LON:MUL) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Mulberry Group plc (LON:MUL) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 97.68 and traded as high as GBX 110. Mulberry Group shares last traded at GBX 105, with a volume of 698 shares changing hands.

Mulberry Group Stock Down 2.3%

The company has a debt-to-equity ratio of 466.57, a quick ratio of 0.66 and a current ratio of 0.98. The company has a market cap of £73.67 million, a P/E ratio of -3.20, a P/E/G ratio of 0.82 and a beta of 1.29. The stock has a 50 day moving average price of GBX 102.79 and a 200 day moving average price of GBX 97.68.

Mulberry Group (LON:MUL) last announced its earnings results on Wednesday, November 19th. The company reported GBX (10) earnings per share for the quarter. Mulberry Group had a negative net margin of 21.92% and a negative return on equity of 117.82%. Research analysts expect that Mulberry Group plc will post 1700.0000961 earnings per share for the current fiscal year.

About Mulberry Group

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.