Mulberry Group (LON:MUL) Sets New 52-Week High - Here's Why

Key Points

• 52-week high: Mulberry Group shares hit a new 52-week high, trading as high as GBX 120 and last at GBX 115.60 on volume of 12,558 shares.
• Key technicals show strength versus recent trends with a 50‑day moving average of GBX 102.05 and a 200‑day moving average of GBX 101.28; market cap is £81.11 million.
• Fundamentals show a negative P/E of -3.52 and weak liquidity (current ratio 0.76, quick ratio 0.66), while the company is a designer and manufacturer of fashion accessories and apparel.

Mulberry Group plc (LON:MUL - )'s share price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 120 and last traded at GBX 115.60, with a volume of 12558 shares. The stock had previously closed at GBX 115.

Mulberry Group Price Performance

The company has a 50 day moving average of GBX 102.05 and a 200 day moving average of GBX 101.28. The firm has a market cap of £81.11 million, a price-to-earnings ratio of -3.52, a P/E/G ratio of 0.82 and a beta of 0.60. The company has a current ratio of 0.76, a quick ratio of 0.66 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.

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