Mothercare (LON:MTC) Shares Down 16.3% – Time to Sell?

Mothercare plc (LON:MTCGet Free Report)’s share price traded down 16.3% during trading on Wednesday . The company traded as low as GBX 1.96 and last traded at GBX 2. 928,127 shares changed hands during trading, an increase of 167% from the average session volume of 347,808 shares. The stock had previously closed at GBX 2.39.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reduced their target price on Mothercare from GBX 650 to GBX 450 and set a “buy” rating on the stock in a report on Thursday, September 25th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 450.

Check Out Our Latest Research Report on MTC

Mothercare Trading Down 18.2%

The company has a market capitalization of £11.02 million, a P/E ratio of 1.78, a PEG ratio of 1.12 and a beta of 1.15. The company has a debt-to-equity ratio of 1,691.67, a current ratio of 1.28 and a quick ratio of 1.31. The business’s 50-day moving average price is GBX 2.38 and its two-hundred day moving average price is GBX 2.71.

Mothercare (LON:MTCGet Free Report) last released its quarterly earnings data on Tuesday, December 23rd. The company reported GBX (0.30) EPS for the quarter. As a group, analysts forecast that Mothercare plc will post 0.2157576 EPS for the current fiscal year.

Insider Transactions at Mothercare

In other Mothercare news, insider Clive Whiley acquired 42,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was acquired at an average cost of GBX 1 per share, for a total transaction of £420,000. Also, insider Andrew Cook bought 5,000,000 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The shares were acquired at an average cost of GBX 1 per share, with a total value of £50,000. Company insiders own 2.63% of the company’s stock.

About Mothercare

(Get Free Report)

Mothercare plc, through its subsidiaries, operates as a specialist franchisor of products for parents and young children under the Mothercare brand. The company provides clothing, footwear, home and travel products, and toys. It operates through Mothercare stores, as well as online stores under the Mothercare brand. The company was founded in 1961 and is headquartered in Hemel Hempstead, the United Kingdom.

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