Gear4music (LON:G4M) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Gear4music (Holdings) plc (LON:G4M) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 286.72 and traded as low as GBX 238.16. Gear4music shares last traded at GBX 245, with a volume of 12,707 shares traded.

Gear4music Price Performance

The firm has a market cap of £51.39 million, a P/E ratio of 13.03, a P/E/G ratio of 0.78 and a beta of 1.41. The company has a fifty day moving average of GBX 286.72 and a 200-day moving average of GBX 294.24. The company has a debt-to-equity ratio of 65.20, a current ratio of 2.19 and a quick ratio of 0.43.

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.