Gear4music (LON:G4M) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Gear4music (Holdings) plc (LON:G4M) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 299.16 and traded as high as GBX 306. Gear4music shares last traded at GBX 297.95, with a volume of 43,678 shares.

Gear4music Stock Performance

The company has a market cap of £62.50 million, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 0.78 and a beta of 1.41. The company’s fifty day moving average is GBX 299.16 and its 200 day moving average is GBX 262.85. The company has a current ratio of 2.19, a quick ratio of 0.43 and a debt-to-equity ratio of 79.53.

Gear4music (LON:G4M) last posted its quarterly earnings results on Tuesday, November 18th. The company reported GBX 9.60 earnings per share for the quarter. Gear4music had a return on equity of 2.60% and a net margin of 0.68%. As a group, equities analysts predict that Gear4music will post 22.0105125 earnings per share for the current fiscal year.

Gear4music Company Profile

Operating from a Head Office in York, Distribution Centres in York, Bacup, Sweden, Germany, Ireland & Spain, and showrooms in York, Bacup, Sweden & Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and the Rest of the World.

Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.