Mothercare (LON:MTC) Shares Pass Above 200-Day Moving Average of $7.54

Mothercare plc (LON:MTCGet Rating)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 7.54 ($0.09) and traded as high as GBX 8.80 ($0.11). Mothercare shares last traded at GBX 8.44 ($0.10), with a volume of 183,260 shares.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “hold” rating on shares of Mothercare in a research note on Thursday, November 24th.

Mothercare Trading Up 6.8 %

The company has a market cap of £47.59 million and a price-to-earnings ratio of 422.00. The company has a quick ratio of 1.31, a current ratio of 1.38 and a debt-to-equity ratio of 1,691.67. The company’s 50-day moving average is GBX 7.39 and its 200 day moving average is GBX 7.54.

Insider Activity at Mothercare

In other news, insider Clive Whiley purchased 929,000 shares of the company’s stock in a transaction that occurred on Friday, December 30th. The shares were bought at an average price of GBX 7 ($0.09) per share, for a total transaction of £65,030 ($79,227.58).

Mothercare Company Profile

(Get Rating)

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 approximately 700 Mothercare stores in 36 countries, as well as online stores under the Mothercare brand.

Further Reading

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