Shoe Zone (LON:SHOE) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Shoe Zone plc (LON:SHOE) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 125.98 ($1.63) and traded as low as GBX 92 ($1.19). Shoe Zone shares last traded at GBX 93.21 ($1.21), with a volume of 51,502 shares trading hands.

Shoe Zone Trading Down 0.8 %

The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 107.10. The firm has a market cap of £42.81 million, a price-to-earnings ratio of 3.02 and a beta of 1.25. The company has a 50-day moving average price of GBX 99.29 and a 200 day moving average price of GBX 125.98.

Shoe Zone (LON:SHOE) last posted its quarterly earnings results on Tuesday, January 21st. The company reported GBX 16.04 ($0.21) earnings per share for the quarter. Shoe Zone had a net margin of 8.58% and a return on equity of 46.48%. As a group, research analysts anticipate that Shoe Zone plc will post 16.1335722 earnings per share for the current fiscal year.

About Shoe Zone

Shoe Zone plc operates as a footwear retailer in the United Kingdom. It offers shoes for men, women, boys, and girls. It offers its product through stores and a website, shoezone.com. The company was incorporated in 2014 and is based in Leicester, the United Kingdom.