Mothercare (LON:MTC) Stock Price Down 16.3% – Here’s Why

Mothercare plc (LON:MTCGet Free Report)’s share price fell 16.3% on Wednesday . The stock traded as low as GBX 1.96 and last traded at GBX 2. 928,127 shares traded hands during mid-day trading, an increase of 167% from the average session volume of 347,808 shares. The stock had previously closed at GBX 2.39.

Analyst Ratings Changes

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

View Our Latest Research Report on Mothercare

Mothercare Price Performance

The company has a current ratio of 1.28, a quick ratio of 1.31 and a debt-to-equity ratio of 1,691.67. The company has a 50 day simple moving average of GBX 2.38 and a 200 day simple moving average of GBX 2.71. The stock has a market cap of £11.02 million, a P/E ratio of 1.78, a PEG ratio of 1.12 and a beta of 1.15.

Mothercare (LON:MTCGet Free Report) last issued its quarterly earnings results on Tuesday, December 23rd. The company reported GBX (0.30) earnings per share for the quarter. Sell-side analysts forecast that Mothercare plc will post 0.2157576 earnings per share for the current fiscal year.

Insider Buying and Selling at Mothercare

In other Mothercare news, insider Andrew Cook purchased 5,000,000 shares of the stock in a transaction on Tuesday, December 23rd. The shares were purchased at an average cost of GBX 1 per share, for a total transaction of £50,000. Also, insider Clive Whiley purchased 42,000,000 shares of the business’s stock in a transaction on Tuesday, December 23rd. The shares were acquired at an average cost of GBX 1 per share, for a total transaction of £420,000. 2.63% of the stock is currently owned by insiders.

Mothercare Company Profile

(Get Free Report)

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. The company was founded in 1961 and is headquartered in Hemel Hempstead, the United Kingdom.

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