Mulberry Group (LON:MUL) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Mulberry Group plc (LON:MUL) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 96.65 and traded as low as GBX 95. Mulberry Group shares last traded at GBX 95, with a volume of 361 shares trading hands.

Mulberry Group Trading Down 5.0%

The firm has a market cap of £66.65 million, a P/E ratio of -2.90, a price-to-earnings-growth ratio of 0.82 and a beta of 1.29. The stock has a fifty day simple moving average of GBX 95.26 and a 200 day simple moving average of GBX 96.65. 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 posted its earnings results on Wednesday, November 19th. The company reported GBX (10) earnings per share for the quarter. Mulberry Group had a negative return on equity of 117.82% and a negative net margin of 21.92%. On average, research analysts expect that Mulberry Group plc will post 1700.0000961 earnings per share 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.