Gear4music (LON:G4M) Trading Down 3.3%

Gear4music Holdings PLC (LON:G4M)’s share price traded down 3.3% on Wednesday . The company traded as low as GBX 205.51 ($2.69) and last traded at GBX 205.51 ($2.69), 1,400 shares were traded during mid-day trading. A decline of 93% from the average session volume of 19,725 shares. The stock had previously closed at GBX 212.50 ($2.78).

G4M has been the topic of a number of recent analyst reports. Peel Hunt reaffirmed a “hold” rating and set a GBX 300 ($3.92) price objective on shares of Gear4music in a report on Tuesday, November 12th. Peel Hunt reissued a “hold” rating and issued a GBX 300 ($3.92) target price on shares of Gear4music in a report on Tuesday, November 12th.

The stock’s 50 day moving average price is GBX 212.94 and its two-hundred day moving average price is GBX 209.86. The company has a current ratio of 1.28, a quick ratio of 0.31 and a debt-to-equity ratio of 125.16. The firm has a market capitalization of $43.05 million and a price-to-earnings ratio of -293.59.

Gear4music Company Profile (LON:G4M)

Gear4music (Holdings) plc engages in the retail of musical instruments and equipment in Europe and internationally. It offers electric, acoustic, and bass guitars; drums and percussion products, including electronic drums and drum pads, e-drum accessories, hybrid drumming products, acoustic drum kits, acoustic kit types, individual drums, cymbals, snare and frame drums, drum hardware products, drum accessories, and various percussion products; and pianos and keyboards, such as digital, acoustic, and grand pianos, as well as MIDI keyboards, synth key products, and accessories.

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