Mulberry Group (LON:MUL) Hits New 52-Week High – Time to Buy?

Mulberry Group plc (LON:MUL)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 115 and last traded at GBX 112.55, with a volume of 24452 shares. The stock had previously closed at GBX 105.

Mulberry Group Stock Performance

The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 466.57. The stock has a market capitalization of £74.55 million, a P/E ratio of -3.24, a P/E/G ratio of 0.82 and a beta of 1.29. The business has a fifty day moving average price of GBX 100.16 and a 200-day moving average price of GBX 97.16.

Mulberry Group (LON:MUL) last posted its earnings results on Wednesday, November 19th. The company reported GBX (10) earnings per share (EPS) for the quarter. Mulberry Group had a negative net margin of 21.92% and a negative return on equity of 117.82%. On average, sell-side analysts expect 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.