Mothercare (LON:MTC) Shares Pass Above 200-Day Moving Average – What’s Next?

Shares of Mothercare plc (LON:MTC) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4.03 ($0.05) and traded as high as GBX 4.62 ($0.06). Mothercare shares last traded at GBX 3.60 ($0.04), with a volume of 1,144 shares.

Mothercare Price Performance

The stock has a market capitalization of £22.33 million, a PE ratio of 223.00, a PEG ratio of 1.12 and a beta of 1.15. The firm’s fifty day moving average price is GBX 3.92 and its two-hundred day moving average price is GBX 4.02. The company has a quick ratio of 1.31, a current ratio of 1.28 and a debt-to-equity ratio of 1,691.67.

Insiders Place Their Bets

In other news, insider Andrew Cook purchased 1,000,000 shares of the business’s stock in a transaction on Wednesday, December 18th. The stock was acquired at an average cost of GBX 3 ($0.04) per share, for a total transaction of £30,000 ($36,500.79). 44.63% of the stock is currently owned by insiders.

Mothercare Company Profile

Mothercare plc, through its subsidiaries, operates as a specialist franchisor of products for parents and young children under the Mothercare brand. The company provides clothing, footwear, home and travel products, and toys. It operates through Mothercare stores, as well as online stores under the Mothercare brand.