Mothercare (LON:MTC) Shares Down 9.4% – Time to Sell?

Mothercare plc (LON:MTC)’s stock price was down 9.4% during trading on Thursday . The company traded as low as GBX 2.90 ($0.04) and last traded at GBX 2.90 ($0.04). Approximately 266,346 shares were traded during trading, a decline of 59% from the average daily volume of 641,810 shares. The stock had previously closed at GBX 3.20 ($0.04).

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Mothercare from GBX 650 to GBX 450 and set a “buy” rating on the stock in a report on Thursday, September 25th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Mothercare currently has an average rating of “Buy” and an average target price of GBX 450.

Mothercare Trading Down 9.4%

The company has a debt-to-equity ratio of 1,691.67, a quick ratio of 1.31 and a current ratio of 1.28. The stock has a market capitalization of £16.35 million, a P/E ratio of 263.64, a price-to-earnings-growth ratio of 1.12 and a beta of 1.15. The firm’s fifty day simple moving average is GBX 2.95 and its 200 day simple moving average is GBX 2.77.

Mothercare (LON:MTC) last released its earnings results on Thursday, September 25th. The company reported GBX (0.40) EPS for the quarter. As a group, equities research analysts forecast that Mothercare plc will post 0.2157576 EPS for the current fiscal year.

About Mothercare

Mothercare plc, through its subsidiaries, operates as a specialist franchisor of products for parents and young children under the Mothercare brand. The company provides clothing, footwear, home and travel products, and toys. It operates through Mothercare stores, as well as online stores under the Mothercare brand.