Mulberry Group (LON:MUL) Reaches New 12-Month High – Time to Buy?

Mulberry Group plc (LON:MUL)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 232 and last traded at GBX 232, with a volume of 48537 shares trading hands. The stock had previously closed at GBX 220.

Mulberry Group Stock Performance

The company has a quick ratio of 0.66, a current ratio of 0.91 and a debt-to-equity ratio of -539.33. The company has a fifty day moving average price of GBX 150.42 and a 200 day moving average price of GBX 122.08. The stock has a market cap of £164.04 million, a PE ratio of 17.98, a P/E/G ratio of 0.82 and a beta of 0.63.

Mulberry Group (LON:MUL) last issued its earnings results on Wednesday, July 22nd. The company reported GBX (13) earnings per share for the quarter. Mulberry Group had a negative net margin of 6.72% and a positive return on equity of 78.71%. Analysts expect that Mulberry Group plc will post 1700.0000961 earnings per share for the current 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.