Mulberry Group (LON:MUL) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Mulberry Group plc (LON:MUL)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 99.70 and traded as low as GBX 97.50. Mulberry Group shares last traded at GBX 99.77, with a volume of 98 shares changing hands.

Mulberry Group Trading Up 2.3%

The business’s fifty day simple moving average is GBX 101.67 and its 200 day simple moving average is GBX 99.70. The company has a current ratio of 0.76, a quick ratio of 0.66 and a debt-to-equity ratio of -739.19. The stock has a market cap of £70.00 million, a P/E ratio of -3.04, a price-to-earnings-growth ratio of 0.82 and a beta of 1.29.

About Mulberry Group

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.