Mulberry Group (LON:MUL) Stock Passes Above 200-Day Moving Average – Should You Sell?

Mulberry Group plc (LON:MUL) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 94.27 ($1.27) and traded as high as GBX 102 ($1.37). Mulberry Group shares last traded at GBX 85 ($1.14), with a volume of 5,611 shares changing hands.

Mulberry Group Trading Down 11.5%

The firm has a market cap of £59.55 million, a P/E ratio of -170.68, a PEG ratio of 0.82 and a beta of 1.29. The company has a 50 day moving average of GBX 96.21 and a 200 day moving average of GBX 94.27. The company has a debt-to-equity ratio of 466.57, a quick ratio of 0.66 and a current ratio of 0.98.

Mulberry Group (LON:MUL) last announced its quarterly earnings results on Thursday, July 10th. The company reported GBX (49.80) EPS for the quarter. Mulberry Group had a negative net margin of 21.92% and a negative return on equity of 117.82%. Analysts predict that Mulberry Group plc will post 1700.0000961 EPS for the current fiscal year.

Mulberry Group Company Profile

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.