Gear4music (LON:G4M) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Gear4music (Holdings) plc (LON:G4M)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 301.13 and traded as low as GBX 280. Gear4music shares last traded at GBX 290, with a volume of 47,791 shares traded.

Gear4music Stock Down 1.7%

The stock has a market cap of £58.74 million, a PE ratio of 14.89, a price-to-earnings-growth ratio of 0.78 and a beta of 1.41. The business has a fifty day moving average of GBX 301.13 and a 200-day moving average of GBX 289.02. The company has a debt-to-equity ratio of 79.53, a current ratio of 2.19 and a quick ratio of 0.43.

Gear4music (LON:G4M) last issued its 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%. Equities research analysts anticipate that Gear4music will post 22.0105125 earnings per share for the current 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.