Mulberry Group (LON:MUL) Reaches New 1-Year High – Still a Buy?

Shares of Mulberry Group plc (LON:MUL) reached a new 52-week high on Tuesday . The stock traded as high as GBX 260 and last traded at GBX 251.10, with a volume of 24206 shares traded. The stock had previously closed at GBX 245.

Mulberry Group Stock Performance

The stock has a market cap of £181.18 million, a price-to-earnings ratio of 19.86, a P/E/G ratio of 0.82 and a beta of 0.63. The company has a current ratio of 0.91, a quick ratio of 0.66 and a debt-to-equity ratio of -539.33. The firm has a fifty day simple moving average of GBX 174.75 and a 200-day simple moving average of GBX 132.54.

Mulberry Group (LON:MUL) last released its earnings results on Wednesday, July 22nd. The company reported GBX (13) EPS for the quarter. Mulberry Group had a negative net margin of 6.72% and a positive return on equity of 78.71%. Analysts forecast that Mulberry Group plc will post 1700.0000961 EPS for the current fiscal year.

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.