Mulberry Group (LON:MUL) Hits New 12-Month High – Should You Buy?

Shares of Mulberry Group plc (LON:MUL) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 190.38 and last traded at GBX 195, with a volume of 23939 shares. The stock had previously closed at GBX 175.

Mulberry Group Stock Performance

The stock’s fifty day simple moving average is GBX 139.51 and its 200-day simple moving average is GBX 117.62. 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 company has a market capitalization of £136.81 million, a PE ratio of 15.00, a PEG ratio of 0.82 and a beta of 0.61.

Mulberry Group (LON:MUL) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported GBX (13) EPS for the quarter. Mulberry Group had a positive return on equity of 78.71% and a negative net margin of 6.72%. On average, research analysts predict that Mulberry Group plc will post 1700.0000961 earnings per share for the current fiscal year.

Mulberry Group Company Profile

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.