Mulberry Group (LON:MUL) Sets New 52-Week High – What’s Next?

Mulberry Group plc (LON:MUL) reached a new 52-week high on Thursday . The stock traded as high as GBX 145.88 and last traded at GBX 141.60, with a volume of 20366 shares. The stock had previously closed at GBX 140.

Mulberry Group Stock Up 5.3%

The business’s 50 day moving average price is GBX 129.65 and its 200-day moving average price is GBX 113.39. The company has a debt-to-equity ratio of -539.33, a current ratio of 0.91 and a quick ratio of 0.66. The company has a market cap of £105.24 million, a P/E ratio of -4.57, a PEG ratio of 0.82 and a beta of 0.61.

Mulberry Group (LON:MUL) last announced its 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, analysts anticipate that Mulberry Group plc will post 1700.0000961 earnings per share for the current fiscal year.

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.