Mulberry Group (LON:MUL) Hits New 52-Week High – Here’s Why

Mulberry Group plc (LON:MUL)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 125 and last traded at GBX 120, with a volume of 29579 shares. The stock had previously closed at GBX 115.

Mulberry Group Trading Up 4.3%

The firm has a fifty day simple moving average of GBX 106.28 and a 200-day simple moving average of GBX 103.16. The firm has a market cap of £84.19 million, a P/E ratio of -3.66, a price-to-earnings-growth ratio of 0.82 and a beta of 0.60. The company has a debt-to-equity ratio of -739.19, a current ratio of 0.76 and a quick ratio of 0.66.

Mulberry Group Company Profile

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.