Mothercare (LON:MTC) Shares Down 10.5% – What’s Next?

Mothercare plc (LON:MTC) shares were down 10.5% during mid-day trading on Tuesday . The stock traded as low as GBX 2.51 ($0.03) and last traded at GBX 2.86 ($0.04). Approximately 884,482 shares traded hands during mid-day trading, an increase of 37% from the average daily volume of 646,363 shares. The stock had previously closed at GBX 3.20 ($0.04).

Analyst Ratings Changes

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

Mothercare Trading Down 3.6%

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 business has a 50-day simple moving average of GBX 2.98 and a two-hundred day simple moving average of GBX 2.78. The stock has a market cap of £15.22 million, a price-to-earnings ratio of 2.45, a P/E/G ratio of 1.12 and a beta of 1.15.

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

Mothercare Company Profile

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.