Mothercare (LON:MTC) Trading Down 11.9% – Here’s Why

Mothercare plc (LON:MTC)’s stock price traded down 11.9% during mid-day trading on Thursday . The company traded as low as GBX 2.22 and last traded at GBX 2.22. 1,814 shares were traded during trading, a decline of 100% from the average session volume of 606,806 shares. The stock had previously closed at GBX 2.52.

Analyst Upgrades and Downgrades

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

Mothercare Stock Performance

The stock’s fifty day moving average price is GBX 2.81 and its two-hundred day moving average price is GBX 2.76. 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 company has a market cap of £12.96 million, a P/E ratio of 2.09, a P/E/G ratio of 1.12 and a beta of 1.15.

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

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.