Gear4music (LON:G4M) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

Gear4music (Holdings) plc (LON:G4M) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 301.77 and traded as low as GBX 300. Gear4music shares last traded at GBX 312.15, with a volume of 110,733 shares traded.

Gear4music Price Performance

The firm has a market cap of £65.48 million, a price-to-earnings ratio of 16.60, a P/E/G ratio of 0.78 and a beta of 1.41. The company has a debt-to-equity ratio of 79.53, a quick ratio of 0.43 and a current ratio of 2.19. The business has a 50 day simple moving average of GBX 301.77 and a 200-day simple moving average of GBX 281.84.

Gear4music (LON:G4M) last released its earnings results on Tuesday, November 18th. The company reported GBX 9.60 EPS for the quarter. Gear4music had a net margin of 0.68% and a return on equity of 2.60%. Equities research analysts expect that Gear4music will post 22.0105125 earnings per share for the current year.

About Gear4music

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.