Footasylum (FOOT) Shares Down 47%
Footasylum PLC (LON:FOOT)’s share price traded down 47% during mid-day trading on Monday . The company traded as low as GBX 40 ($0.52) and last traded at GBX 44.50 ($0.57). 2,606,452 shares traded hands during mid-day trading, an increase of 5,057% from the average session volume of 50,543 shares. The stock had previously closed at GBX 84 ($1.08).
A number of equities analysts recently issued reports on the company. Peel Hunt restated a “reduce” rating on shares of Footasylum in a report on Monday. Liberum Capital restated an “under review” rating on shares of Footasylum in a report on Monday.
Footasylum Company Profile (LON:FOOT)
Footasylum plc engages in the retail and wholesale of footwear, apparel, and accessories in the United Kingdom and internationally. The company sells fashion streetwear and sportswear for men, women, and kids under approximately 300 brands, such as Nike, Adidas, Prè London, Society Sport, and Gym King; and owns brands comprising Kings Will Dream, Condemned Nation, Alessandro Zavetti, and Zavetti Sport, as well as retail brands, including Footasylum, Drome, and SEVEN.
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