Mulberry Group (LON:MUL) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Mulberry Group plc (LON:MUL) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 96.44 ($1.32) and traded as high as GBX 100 ($1.36). Mulberry Group shares last traded at GBX 96.60 ($1.32), with a volume of 250 shares trading hands.

Mulberry Group Stock Down 2.5%

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 business has a 50 day moving average of GBX 96.47 and a 200 day moving average of GBX 96.44. The firm has a market capitalization of £68.30 million, a price-to-earnings ratio of -1.74, a price-to-earnings-growth 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.