Mulberry Group (LON:MUL) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Mulberry Group plc (LON:MUL)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 99.51 and traded as low as GBX 95. Mulberry Group shares last traded at GBX 95, with a volume of 10,547 shares traded.

Mulberry Group Price Performance

The company has a 50 day simple moving average of GBX 102.80 and a 200-day simple moving average of GBX 99.51. The stock has a market cap of £66.65 million, a price-to-earnings ratio of -2.90, a PEG ratio of 0.82 and a beta of 1.29. The company has a quick ratio of 0.66, a current ratio of 0.76 and a debt-to-equity ratio of -739.19.

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.