Gear4music (LON:G4M) Posts Quarterly Earnings Results

Gear4music (LON:G4M) issued its earnings results on Tuesday. The company reported GBX 9.60 earnings per share for the quarter, Digital Look Earnings reports. Gear4music had a net margin of 0.68% and a return on equity of 2.60%.

Gear4music Stock Down 0.5%

Gear4music stock opened at GBX 318.40 on Wednesday. The stock’s 50 day moving average price is GBX 296.68 and its 200 day moving average price is GBX 240.29. Gear4music has a 1-year low of GBX 97.80 and a 1-year high of GBX 336. The company has a market cap of £66.79 million, a PE ratio of 83.79, a price-to-earnings-growth ratio of 0.78 and a beta of 1.41. The company has a debt-to-equity ratio of 79.53, a current ratio of 2.19 and a quick ratio of 0.43.

Gear4music Company Profile

Operating from a Head Office in York, Distribution Centres in York, Bacup, Sweden, Germany, Ireland & Spain, and showrooms in York, Bacup, Sweden & Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and the Rest of the World.

Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.