Mulberry Group (LON:MUL) Reaches New 52-Week High – Here’s Why

Mulberry Group plc (LON:MUL)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 250 and last traded at GBX 250, with a volume of 74738 shares changing hands. The stock had previously closed at GBX 226.90.

Mulberry Group Price Performance

The company has a debt-to-equity ratio of -539.33, a current ratio of 0.91 and a quick ratio of 0.66. The company has a market cap of £175.40 million, a price-to-earnings ratio of 19.23, a P/E/G ratio of 0.82 and a beta of 0.63. The company’s 50-day simple moving average is GBX 156.14 and its 200-day simple moving average is GBX 124.46.

Mulberry Group (LON:MUL) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported GBX (13) earnings per share (EPS) for the quarter. Mulberry Group had a negative net margin of 6.72% and a positive return on equity of 78.71%. On average, equities research analysts anticipate that Mulberry Group plc will post 1700.0000961 EPS for the current 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.