Mothercare (LON:MTC) Trading Down 23.5% – Here’s What Happened

Mothercare plc (LON:MTCGet Free Report)’s share price dropped 23.5% during mid-day trading on Tuesday . The stock traded as low as GBX 0.70 and last traded at GBX 0.75. 1,058,843 shares traded hands during trading, a decline of 29% from the average daily volume of 1,490,669 shares. The stock had previously closed at GBX 0.98.

Mothercare Trading Down 23.5%

The stock’s 50 day simple moving average is GBX 0.90 and its 200 day simple moving average is GBX 1.27. 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 firm has a market cap of £4.23 million, a PE ratio of 0.68, a PEG ratio of 1.12 and a beta of 1.15.

About Mothercare

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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.

Further Reading

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