Gear4music (LON:G4M) Trading Down 0.1% – Here’s What Happened

Gear4music (Holdings) plc (LON:G4M)’s stock price dropped 0.1% during mid-day trading on Friday . The company traded as low as GBX 166.60 ($2.10) and last traded at GBX 167.25 ($2.11). Approximately 10,675 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 45,968 shares. The stock had previously closed at GBX 167.50 ($2.11).

Gear4music Price Performance

The company has a 50 day moving average of GBX 165.02 and a 200 day moving average of GBX 166.55. The company has a debt-to-equity ratio of 55.76, a quick ratio of 0.43 and a current ratio of 2.24. The stock has a market capitalization of £35.09 million, a price-to-earnings ratio of 5,575.00, a PEG ratio of 0.78 and a beta of 1.41.

Gear4music Company Profile

Gear4music (Holdings) plc engages in the retail of musical instruments and equipment in the United Kingdom, rest of Europe, and internationally. The company offers pianos, violins, cellos, violas, double bass, bass guitar amps and pedals, guitars, amps, mixers, speakers and audio electronics, drum kits, clarinets, flutes, oboes and piccolos, trumpets, trombones, tubas and french horns, lightweight instruments, guitars and accessories, bass amplification, and drum kits and accessories.