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Mulberry Group (LON:MUL) Shares Pass Below Two Hundred Day Moving Average - What's Next?

Mulberry Group logo with Consumer Cyclical background

Mulberry Group plc (LON:MUL - Get Free Report) shares 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 Trading Up 9.3 %

The company has a debt-to-equity ratio of 746.45, a current ratio of 0.98 and a quick ratio of 0.66. The company has a market capitalization of £69.80 million, a price-to-earnings ratio of -198.31, a P/E/G ratio of 0.82 and a beta of 1.29. The business's 50-day moving average price is GBX 109.15 and its two-hundred day moving average price is GBX 111.76.

Mulberry Group Company Profile

(Get Free Report)

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.

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