Mothercare (LON:MTC) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of Mothercare plc (LON:MTC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2.77 ($0.04) and traded as high as GBX 3.50 ($0.05). Mothercare shares last traded at GBX 3.14 ($0.04), with a volume of 612,658 shares.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft decreased their target price on Mothercare from GBX 650 to GBX 450 and set a “buy” rating for the company in a research report on Thursday, September 25th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 450.

Mothercare Stock Performance

The company has a market cap of £17.29 million, a PE ratio of 278.91, a PEG ratio of 1.12 and a beta of 1.15. The company has a debt-to-equity ratio of 1,691.67, a current ratio of 1.28 and a quick ratio of 1.31. The business has a 50-day moving average of GBX 2.95 and a 200 day moving average of GBX 2.77.

Mothercare (LON:MTC) last released its quarterly earnings results on Thursday, September 25th. The company reported GBX (0.40) EPS for the quarter. Equities research analysts anticipate that Mothercare plc will post 0.2157576 EPS for the current fiscal year.

About Mothercare

Mothercare plc, through its subsidiaries, operates as a specialist franchisor of products for parents and young children under the Mothercare brand. The company provides clothing, footwear, home and travel products, and toys. It operates through Mothercare stores, as well as online stores under the Mothercare brand.