Shoe Zone (LON:SHOE) Stock Passes Below 200-Day Moving Average – What’s Next?

Shoe Zone plc (LON:SHOE)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 61.85 and traded as low as GBX 45. Shoe Zone shares last traded at GBX 48.25, with a volume of 28,562 shares.

Shoe Zone Stock Performance

The company’s 50-day simple moving average is GBX 48.64 and its 200 day simple moving average is GBX 61.85. The stock has a market cap of £22.30 million, a P/E ratio of 11.83 and a beta of 0.54. The company has a current ratio of 1.36, a quick ratio of 0.49 and a debt-to-equity ratio of 95.95.

Shoe Zone (LON:SHOE) last announced its earnings results on Tuesday, January 13th. The company reported GBX 1,489.20 earnings per share (EPS) for the quarter. Shoe Zone had a net margin of 1.27% and a return on equity of 5.63%. As a group, sell-side analysts expect that Shoe Zone plc will post 16.1335722 EPS for the current fiscal year.

About Shoe Zone

Shoe Zone plc operates as a footwear retailer in the United Kingdom. It offers shoes for men, women, boys, and girls. It offers its product through stores and a website, shoezone.com. The company was incorporated in 2014 and is based in Leicester, the United Kingdom.