Mothercare (LON:MTC) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Mothercare plc (LON:MTC) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2.77 ($0.04) and traded as high as GBX 3.50 ($0.05). Mothercare shares last traded at GBX 3.14 ($0.04), with a volume of 612,658 shares traded.

Analyst Ratings Changes

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

Mothercare Stock Down 4.1%

The company has a market capitalization of £17.29 million, a PE ratio of 278.91, a PEG ratio of 1.12 and a beta of 1.15. The company’s 50 day moving average is GBX 2.95 and its two-hundred day moving average is GBX 2.77. The company has a quick ratio of 1.31, a current ratio of 1.28 and a debt-to-equity ratio of 1,691.67.

Mothercare (LON:MTC) last issued its quarterly earnings data on Thursday, September 25th. The company reported GBX (0.40) earnings per share for the quarter. On average, analysts anticipate that Mothercare plc will post 0.2157576 earnings per share for the current 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.