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

Mulberry Group plc (LON:MUL) shares reached a new 52-week high during trading 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 company has a market cap of £176.17 million, a PE ratio of 19.32, a PEG ratio of 0.82 and a beta of 0.63. The stock has a 50 day simple moving average of GBX 169.93 and a two-hundred day simple moving average of GBX 130.40. The company has a debt-to-equity ratio of -539.33, a current ratio of 0.91 and a quick ratio of 0.66.

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

Mulberry Group Company Profile

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.