Mulberry Group (LON:MUL) Stock Passes Below 200-Day Moving Average – Time to Sell?

Mulberry Group plc (LON:MULGet Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 105.74 ($1.37) and traded as low as GBX 85.25 ($1.11). Mulberry Group shares last traded at GBX 90 ($1.17), with a volume of 1,700 shares.

Mulberry Group Price Performance

The company has a debt-to-equity ratio of 466.57, a current ratio of 0.98 and a quick ratio of 0.66. The company’s 50 day simple moving average is GBX 96.14 and its 200 day simple moving average is GBX 105.58. The company has a market capitalization of £62.35 million, a PE ratio of -1.59, a price-to-earnings-growth ratio of 0.82 and a beta of 1.29.

About Mulberry Group

(Get Free Report)

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.

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