Mulberry Group (LON:MUL) Stock Price Passes Below 200-Day Moving Average - What's Next?

Key Points

• Mulberry Group plc shares have fallen below their 200-day moving average, indicating potential volatility, with recent trading at GBX 105 ($1.42) after hitting a low of GBX 90 ($1.22).
• The company reported a negative earnings per share (EPS) of GBX (49.80) (($0.67)) for the last quarter and has a concerning return on equity of -117.82%.
• Currently, Mulberry Group has a market capitalization of £73.56 million and a high debt-to-equity ratio of 466.57, raising investor concerns about financial health.

Mulberry Group plc (LON:MUL - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 94.34 ($1.28) and traded as low as GBX 90 ($1.22). Mulberry Group shares last traded at GBX 105 ($1.42), with a volume of 2,187 shares changing hands.

Mulberry Group Stock Performance

The firm's 50-day moving average is GBX 97.51 and its 200 day moving average is GBX 94.28. The stock has a market cap of £71.80 million, a PE ratio of -1.83, a P/E/G ratio of 0.82 and a beta of 1.29. The company has a debt-to-equity ratio of 466.57, a quick ratio of 0.66 and a current ratio of 0.98.

Mulberry Group (LON:MUL - Get Free Report) last issued its quarterly earnings data 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%. As a group, research analysts anticipate that Mulberry Group plc will post 1700.0000961 EPS for the current year.

Mulberry Group Company Profile

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.