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

Mulberry Group plc (LON:MUL) hit a new 52-week high on Tuesday . The stock traded as high as GBX 276 and last traded at GBX 266, with a volume of 35119 shares traded. The stock had previously closed at GBX 268.

Mulberry Group Price Performance

The company has a market capitalization of £186.63 million, a P/E ratio of -20.46, a PEG ratio of 0.82 and a beta of 0.69. The company has a quick ratio of 0.66, a current ratio of 0.91 and a debt-to-equity ratio of -539.33. The business has a 50 day simple moving average of GBX 182.40 and a 200-day simple moving average of GBX 135.91.

Mulberry Group (LON:MUL) last released its quarterly earnings results on Wednesday, July 22nd. The company reported GBX (13) EPS for the quarter. Mulberry Group had a positive return on equity of 78.71% and a negative net margin of 6.72%. Analysts predict 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.