Gear4music (LON:G4M) Share Price Crosses Below 50 Day Moving Average – What’s Next?

Gear4music (Holdings) plc (LON:G4M) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 301.77 and traded as low as GBX 300. Gear4music shares last traded at GBX 312.15, with a volume of 110,733 shares trading hands.

Gear4music Trading Up 2.3%

The company has a current ratio of 2.19, a quick ratio of 0.43 and a debt-to-equity ratio of 79.53. The stock has a market capitalization of £65.48 million, a PE ratio of 16.60, a P/E/G ratio of 0.78 and a beta of 1.41. The stock has a 50 day moving average price of GBX 301.77 and a 200-day moving average price of GBX 282.23.

Gear4music (LON:G4M) last posted its quarterly earnings data on Tuesday, November 18th. The company reported GBX 9.60 EPS for the quarter. Gear4music had a return on equity of 2.60% and a net margin of 0.68%. Sell-side analysts expect that Gear4music will post 22.0105125 earnings per share for the current year.

Gear4music Company Profile

Operating from a Head Office in York, Distribution Centres in York, Bacup, Sweden, Germany, Ireland & Spain, and showrooms in York, Bacup, Sweden & Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and the Rest of the World.

Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.