Ted Baker (LON:TED) Shares Pass Below 200-Day Moving Average of $114.18

Ted Baker Plc (LON:TEDGet Rating) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 114.18 ($1.40) and traded as low as GBX 85 ($1.04). Ted Baker shares last traded at GBX 86.40 ($1.06), with a volume of 949,895 shares traded.

Separately, Liberum Capital reaffirmed a “buy” rating and issued a GBX 225 ($2.76) target price on shares of Ted Baker in a research note on Tuesday, March 8th.

The stock has a market capitalization of £159.51 million and a PE ratio of -4.48. The company has a current ratio of 1.34, a quick ratio of 0.41 and a debt-to-equity ratio of 113.26. The company’s 50 day simple moving average is GBX 130.99 and its 200 day simple moving average is GBX 114.18.

About Ted Baker (LON:TED)

Ted Baker Plc engages in the design, wholesale, and retail of menswear, womenswear, and accessories under the Ted Baker brand in the United States, the United Kingdom, rest of Europe, Canada, and South Africa. The company operates through three segments: Retail, Wholesale, and Licensing. It offers various collections, including global, phormal, endurance, accessories, bedding, children's wear, eyewear, footwear, fragrance and skin wear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, and watches.

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