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Mulberry Group (LON:MUL) Stock Crosses Below Two Hundred Day Moving Average - Here's Why

Mulberry Group logo with Consumer Cyclical background

Mulberry Group plc (LON:MUL - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 113.88 ($1.45) and traded as low as GBX 103 ($1.31). Mulberry Group shares last traded at GBX 118 ($1.50), with a volume of 4,714 shares trading hands.

Mulberry Group Trading Down 11.0 %

The company has a market cap of £62.64 million, a P/E ratio of -178.53, a P/E/G ratio of 0.82 and a beta of 1.29. The business has a fifty day simple moving average of GBX 116.34 and a 200 day simple moving average of GBX 113.95. The company has a debt-to-equity ratio of 746.45, a quick ratio of 0.66 and a current ratio of 0.98.

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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