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Dr. Martens (LON:DOCS) Shares Down 1% - Here's What Happened

Dr. Martens logo with Consumer Cyclical background

Shares of Dr. Martens plc (LON:DOCS - Get Free Report) fell 1% during mid-day trading on Friday . The company traded as low as GBX 55.55 ($0.72) and last traded at GBX 56.10 ($0.73). 979,891 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 2,113,053 shares. The stock had previously closed at GBX 56.65 ($0.74).

Dr. Martens Price Performance

The firm has a market capitalization of £539.52 million, a P/E ratio of 801.43, a price-to-earnings-growth ratio of 6.40 and a beta of 0.11. The business has a fifty day moving average of GBX 58.22 and a 200-day moving average of GBX 70.22. The company has a debt-to-equity ratio of 129.55, a quick ratio of 1.13 and a current ratio of 2.85.

Insider Buying and Selling at Dr. Martens

In related news, insider Lynne Weedall acquired 25,000 shares of the business's stock in a transaction dated Tuesday, August 27th. The stock was bought at an average price of GBX 74 ($0.96) per share, for a total transaction of £18,500 ($24,082.27). In other Dr. Martens news, insider Kenny Wilson bought 30,000 shares of Dr. Martens stock in a transaction dated Thursday, September 26th. The stock was bought at an average price of GBX 55 ($0.72) per share, for a total transaction of £16,500 ($21,478.78). Also, insider Lynne Weedall acquired 25,000 shares of the business's stock in a transaction that occurred on Tuesday, August 27th. The shares were purchased at an average price of GBX 74 ($0.96) per share, with a total value of £18,500 ($24,082.27). In the last ninety days, insiders bought 113,446 shares of company stock valued at $6,542,582. 4.36% of the stock is owned by corporate insiders.

About Dr. Martens

(Get Free Report)

Dr. Martens plc designs, develops, procures, markets, sells, and distributes footwear in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. It offers originals, fusion, kids, and casual, as well as accessories. The company offers its products under the Dr. Martens brand name. Dr. Martens plc was founded in 1945 and is based in London, the United Kingdom.

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