Mulberry Group (LON:MUL) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Mulberry Group plc (LON:MUL) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 99.13 and traded as high as GBX 101. Mulberry Group shares last traded at GBX 101, with a volume of 5,600 shares trading hands.

Mulberry Group Price Performance

The stock has a market cap of £70.86 million, a price-to-earnings ratio of -3.08, a price-to-earnings-growth ratio of 0.82 and a beta of 1.29. 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’s 50 day moving average price is GBX 105.41 and its two-hundred day moving average price is GBX 99.13.

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.