Mulberry Group (LON:MUL) Reaches New 1-Year High – Should You Buy?

Shares of Mulberry Group plc (LON:MUL) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 145.88 and last traded at GBX 141.60, with a volume of 20366 shares traded. The stock had previously closed at GBX 140.

Mulberry Group Price Performance

The business has a 50 day simple moving average of GBX 128.41 and a two-hundred day simple moving average of GBX 112.90. The firm has a market capitalization of £99.35 million, a P/E ratio of -4.32, a price-to-earnings-growth ratio of 0.82 and a beta of 0.61. The company has a debt-to-equity ratio of -739.19, a quick ratio of 0.66 and a current ratio of 0.76.

Mulberry Group (LON:MUL) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported GBX (13) EPS for the quarter. Mulberry Group had a positive return on equity of 370.62% and a negative net margin of 18.54%. On average, sell-side analysts expect that Mulberry Group plc will post 1700.0000961 EPS for the current fiscal 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.