Shoe Zone (LON:SHOE) Share Price Passes Below 200-Day Moving Average – What’s Next?

Shoe Zone plc (LON:SHOE) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 134.09 ($1.69) and traded as low as GBX 95 ($1.20). Shoe Zone shares last traded at GBX 95.75 ($1.21), with a volume of 3,735 shares.

Shoe Zone Stock Up 0.8 %

The company has a debt-to-equity ratio of 107.10, a current ratio of 1.16 and a quick ratio of 0.49. The company has a market capitalization of £43.97 million, a P/E ratio of 3.10 and a beta of 1.25. The stock has a 50-day moving average price of GBX 98.30 and a 200-day moving average price of GBX 134.09.

Shoe Zone (LON:SHOE) last released its earnings results on Tuesday, January 21st. The company reported GBX 16.04 ($0.20) EPS for the quarter. Shoe Zone had a return on equity of 46.48% and a net margin of 8.58%. On average, research analysts predict that Shoe Zone plc will post 16.1335722 EPS 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.