Mulberry Group (LON:MUL) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Mulberry Group plc (LON:MUL)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 111.76 ($1.40) and traded as low as GBX 97 ($1.22). Mulberry Group shares last traded at GBX 97 ($1.22), with a volume of 18 shares traded.

Mulberry Group Price Performance

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’s fifty day moving average price is GBX 109.05 and its 200-day moving average price is GBX 111.77. The firm has a market cap of £69.80 million, a PE ratio of -198.31, a P/E/G ratio of 0.82 and a beta of 1.29.

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.