Debenhams Capital (LON:DEBS) Trading 8.9% Higher – Here’s Why

Shares of Debenhams Capital PLC (LON:DEBS) traded up 8.9% during trading on Tuesday . The company traded as high as GBX 23 and last traded at GBX 22. 4,041,807 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 5,166,430 shares. The stock had previously closed at GBX 20.20.

Debenhams Capital Stock Up 8.9%

The firm has a market cap of £296.45 million and a price-to-earnings ratio of -2.17. The firm has a fifty day simple moving average of GBX 17.25.

Debenhams Capital (LON:DEBS) last posted its quarterly earnings data on Thursday, November 27th. The company reported GBX (0.51) earnings per share for the quarter.

Debenhams Capital Company Profile

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.

Almost half of our products are designed and sourced in the UK and distributed globally from our international distribution centres based in the North of England.