Mulberry Group (LON:MUL) Reaches New 1-Year Low – Here’s Why

Mulberry Group plc (LON:MUL) hit a new 52-week low on Thursday . The stock traded as low as GBX 90 ($1.12) and last traded at GBX 94.20 ($1.17), with a volume of 34813 shares changing hands. The stock had previously closed at GBX 97.50 ($1.21).

Mulberry Group Stock Down 3.4 %

The stock has a 50 day moving average of GBX 103.29 and a 200-day moving average of GBX 109.47. 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 firm has a market capitalization of £56.20 million, a P/E ratio of -159.66, a PEG ratio of 0.82 and a beta of 1.29.

Mulberry Group (LON:MUL) last posted its earnings results on Tuesday, November 19th. The company reported GBX (26.70) (($0.33)) earnings per share for the quarter. Mulberry Group had a negative return on equity of 121.38% and a negative net margin of 21.92%. Research analysts predict that Mulberry Group plc will post 1700.0000961 earnings per share for the current fiscal year.

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.