Mulberry Group (LON:MUL) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Mulberry Group plc (LON:MUL)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 111.61 ($1.40) and traded as low as GBX 100.22 ($1.26). Mulberry Group shares last traded at GBX 117 ($1.47), with a volume of 154 shares trading hands.

Mulberry Group Stock Up 9.3 %

The company has a debt-to-equity ratio of 746.45, a quick ratio of 0.66 and a current ratio of 0.98. The stock has a market cap of £69.80 million, a price-to-earnings ratio of -198.31, a price-to-earnings-growth ratio of 0.82 and a beta of 1.29. The business’s 50 day moving average is GBX 108.32 and its 200 day moving average is GBX 111.56.

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.