Mulberry Group (LON:MUL) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Mulberry Group plc (LON:MUL) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 99.13 and traded as high as GBX 101. Mulberry Group shares last traded at GBX 101, with a volume of 5,600 shares changing hands.

Mulberry Group Stock Down 1.5%

The business has a 50 day simple moving average of GBX 105.41 and a 200 day simple moving average of GBX 99.13. The company has a market capitalization of £70.86 million, a price-to-earnings ratio of -3.08, a PEG ratio of 0.82 and a beta of 1.29. The company has a debt-to-equity ratio of 466.57, a current ratio of 0.98 and a quick ratio of 0.66.

About Mulberry Group

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.