Mothercare (LON:MTC) Reaches New 52-Week Low – Time to Sell?

Mothercare plc (LON:MTC) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 1.82 and last traded at GBX 1.90, with a volume of 166614 shares. The stock had previously closed at GBX 1.91.

Wall Street Analysts Forecast Growth

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

Mothercare Stock Up 12.3%

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 stock has a market capitalization of £12.85 million, a PE ratio of 2.07, a PEG ratio of 1.12 and a beta of 1.15. The company has a 50 day moving average price of GBX 2.34 and a 200-day moving average price of GBX 2.67.

Mothercare (LON:MTC) last released its quarterly earnings results on Tuesday, December 23rd. The company reported GBX (0.30) earnings per share (EPS) for the quarter. As a group, analysts forecast that Mothercare plc will post 0.2157576 earnings per share for the current fiscal year.

Insider Buying and Selling at Mothercare

In other news, insider Andrew Cook purchased 5,000,000 shares of Mothercare stock in a transaction that occurred on Tuesday, December 23rd. The stock was bought at an average price of GBX 1 per share, with a total value of £50,000. Also, insider Clive Whiley purchased 42,000,000 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The stock was acquired at an average price of GBX 1 per share, with a total value of £420,000. Insiders own 2.63% of the company’s stock.

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. The company was founded in 1961 and is headquartered in Hemel Hempstead, the United Kingdom.