Mothercare (LON:MTC) Trading Down 14.4% – Here’s Why

Shares of Mothercare plc (LON:MTC) dropped 14.4% during mid-day trading on Tuesday . The stock traded as low as GBX 3.12 ($0.04) and last traded at GBX 3.12 ($0.04). Approximately 392,387 shares were traded during mid-day trading, an increase of 323% from the average daily volume of 92,680 shares. The stock had previously closed at GBX 3.65 ($0.05).

Mothercare Trading Down 14.4 %

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. The firm has a market capitalization of £17.61 million, a P/E ratio of 223.00, a PEG ratio of 1.12 and a beta of 1.15. The firm has a 50 day moving average of GBX 3.72 and a 200-day moving average of GBX 3.85.

Mothercare (LON:MTC) last issued its quarterly earnings results on Monday, December 2nd. The company reported GBX (0.30) ($0.00) earnings per share (EPS) for the quarter. On average, equities research analysts predict that Mothercare plc will post 0.2157576 earnings per share for the current fiscal year.

Insider Buying and Selling at Mothercare

In other news, insider Andrew Cook acquired 1,000,000 shares of the stock in a transaction on Wednesday, December 18th. The stock was acquired at an average cost of GBX 3 ($0.04) per share, for a total transaction of £30,000 ($37,859.67). Company insiders own 44.63% of the company’s stock.

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.