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

Key Points

• Price action: Shares of Gear4music (LON:G4M) fell below their 50-day moving average (GBX 286.72) on Friday, trading as low as GBX 238.16 and last at GBX 245 on volume of 12,707 shares.
• Valuation and balance-sheet metrics: The company has a market cap of £51.39 million, a P/E of 13.03 and P/E/G of 0.78, with a beta of 1.41; its 200-day moving average is GBX 294.24, debt-to-equity is 65.20, current ratio 2.19 and quick ratio 0.43.
• Business profile: Gear4music operates an e-commerce platform selling own-brand and premium third-party musical instruments, with distribution centers and showrooms across Europe and delivery to over 190 countries.

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.

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