Mothercare (LON:MTC) Hits New 12-Month Low – What’s Next?

Shares of Mothercare plc (LON:MTC) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 1.84 and last traded at GBX 1.90, with a volume of 86600 shares changing hands. The stock had previously closed at GBX 2.

Wall Street Analyst Weigh In

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

Mothercare Stock Performance

The firm has a market capitalization of £10.69 million, a price-to-earnings ratio of 1.72, a P/E/G ratio of 1.12 and a beta of 1.15. The company has a 50-day moving average price of GBX 2.37 and a 200-day moving average price of GBX 2.71. 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.

Mothercare (LON:MTC) last announced its earnings results on Tuesday, December 23rd. The company reported GBX (0.30) earnings per share for the quarter. As a group, equities research analysts forecast that Mothercare plc will post 0.2157576 earnings per share for the current year.

Insiders Place Their Bets

In other Mothercare news, insider Clive Whiley bought 42,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were acquired at an average cost of GBX 1 per share, for a total transaction of £420,000. Also, insider Andrew Cook bought 5,000,000 shares of Mothercare stock in a transaction that occurred on Tuesday, December 23rd. The shares were acquired at an average price of GBX 1 per share, with a total value of £50,000. Company insiders own 2.63% 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. The company was founded in 1961 and is headquartered in Hemel Hempstead, the United Kingdom.