Free Trial

Gear4music (LON:G4M) Shares Pass Above Fifty Day Moving Average - What's Next?

Gear4music logo with Consumer Cyclical background

Key Points

  • Gear4music's stock price surpassed its 50-day moving average of GBX 237.75, reaching GBX 252.21 during trading.
  • The company reported an earnings per share (EPS) of GBX 4 and has a market capitalization of £52.91 million.
  • Analysts forecast an EPS of 22.01 for the current fiscal year, indicating expectations for improved performance.
  • MarketBeat previews the top five stocks to own by October 1st.

Gear4music (Holdings) plc (LON:G4M - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 237.75 ($3.18) and traded as high as GBX 252.21 ($3.38). Gear4music shares last traded at GBX 252.21 ($3.38), with a volume of 18,592 shares traded.

Gear4music Stock Performance

The company has a quick ratio of 0.43, a current ratio of 2.19 and a debt-to-equity ratio of 79.53. The stock has a market cap of £54.50 million, a P/E ratio of 6,836.84, a PEG ratio of 0.78 and a beta of 1.41. The stock has a fifty day simple moving average of GBX 238.96 and a 200-day simple moving average of GBX 177.02.

Gear4music (LON:G4M - Get Free Report) last issued its earnings results on Tuesday, June 24th. The company reported GBX 4 earnings per share (EPS) for the quarter. Gear4music had a return on equity of 2.60% and a net margin of 0.68%. Equities analysts expect that Gear4music will post 22.0105125 earnings per share for the current fiscal year.

About Gear4music

(Get Free Report)

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.

Recommended Stories

Should You Invest $1,000 in Gear4music Right Now?

Before you consider Gear4music, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gear4music wasn't on the list.

While Gear4music currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Markets Are Sliding: Where to Find Opportunity
5 Hot Stocks to Buy Now: September’s Top Picks With Major Momentum
$15 Billion for Cybersecurity: The Government’s Next Big Push

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines