Mulberry Group (LON:MUL) Stock Crosses Above 200-Day Moving Average - Should You Sell?

Key Points

• Mulberry Group plc's stock price has recently crossed above its 200-day moving average, signaling potential positive momentum for investors.
• The company's stock last traded at GBX 91.50 ($1.24) with a market cap of £66.65 million, despite reporting a significant negative EPS of GBX (49.80) for the last quarter.
• Mulberry Group has a debt-to-equity ratio of 466.57 and a negative return on equity of 117.82%, indicating financial challenges that may affect future growth.

Mulberry Group plc (LON:MUL - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 93.83 ($1.27) and traded as high as GBX 105 ($1.42). Mulberry Group shares last traded at GBX 91.50 ($1.24), with a volume of 342 shares traded.

Mulberry Group Trading Up 3.9%

The company has a debt-to-equity ratio of 466.57, a quick ratio of 0.66 and a current ratio of 0.98. The firm's fifty day simple moving average is GBX 94.91 and its 200-day simple moving average is GBX 93.74. The stock has a market cap of £69.22 million, a P/E ratio of -198.11, a price-to-earnings-growth ratio of 0.82 and a beta of 1.29.

Mulberry Group (LON:MUL - Get Free Report) last released its quarterly earnings results on Thursday, July 10th. The company reported GBX (49.80) earnings per share (EPS) for the quarter. Mulberry Group had a negative return on equity of 117.82% and a negative net margin of 21.92%. Equities research analysts expect that Mulberry Group plc will post 1700.0000961 EPS for the current fiscal year.

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.