Mulberry Group (LON:MUL) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Mulberry Group plc (LON:MUL) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 96.35 ($1.29) and traded as high as GBX 115 ($1.54). Mulberry Group shares last traded at GBX 111.20 ($1.49), with a volume of 703 shares traded.

Mulberry Group Price Performance

The business’s fifty day moving average is GBX 92.35 and its 200-day moving average is GBX 96.35. The company has a debt-to-equity ratio of 466.57, a current ratio of 0.98 and a quick ratio of 0.66. The firm has a market cap of £77.90 million, a PE ratio of -1.98, a P/E/G ratio of 0.82 and a beta of 1.29.

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.