Gear4music (LON:G4M) Shares Pass Above 50-Day Moving Average of $139.77

Gear4music (Holdings) plc (LON:G4M)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 139.77 ($1.73) and traded as high as GBX 153 ($1.89). Gear4music shares last traded at GBX 153 ($1.89), with a volume of 36,419 shares traded.

Gear4music Price Performance

The company has a fifty day moving average of GBX 139.77 and a 200-day moving average of GBX 138.42. The firm has a market cap of £30.54 million, a P/E ratio of -3,060.00, a P/E/G ratio of 0.78 and a beta of 1.27. The company has a debt-to-equity ratio of 95.16, a current ratio of 2.31 and a quick ratio of 0.43.

About Gear4music

Gear4music (Holdings) plc engages in the retail of musical instruments and equipment in the United Kingdom, rest of Europe, and internationally. The company offers pianos, violins, cellos, violas, double bass, bass guitar amps and pedal, guitars, amps, mixers, speakers and audio electronics, drum kits, clarinets, flutes, oboes and piccolos, drums, trumpets, trombones, tubas and french horns, lightweight instruments, guitars and accessories, bass amplification, and drum kits and accessories.