Mulberry Group (LON:MUL) Hits New 1-Year High – Here’s Why

Mulberry Group plc (LON:MUL)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 232 and last traded at GBX 232, with a volume of 48537 shares traded. The stock had previously closed at GBX 220.

Mulberry Group Stock Performance

The company has a market cap of £162.77 million, a P/E ratio of 17.85, a price-to-earnings-growth ratio of 0.82 and a beta of 0.63. The company has a quick ratio of 0.66, a current ratio of 0.91 and a debt-to-equity ratio of -539.33. The stock’s 50-day moving average price is GBX 146.13 and its 200 day moving average price is GBX 120.39.

Mulberry Group (LON:MUL) last posted its quarterly earnings data 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%. As a group, research analysts expect that Mulberry Group plc will post 1700.0000961 EPS for the current fiscal 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.