Mothercare (LON:MTC) Shares Down 17.7% – Here’s Why

Shares of Mothercare plc (LON:MTC) dropped 17.7% during trading on Wednesday . The company traded as low as GBX 0.90 and last traded at GBX 0.91. Approximately 352,529 shares were traded during trading, a decline of 53% from the average daily volume of 744,466 shares. The stock had previously closed at GBX 1.10.

Mothercare Stock Down 4.5%

The firm’s fifty day moving average price is GBX 1.48 and its 200-day moving average price is GBX 2.01. 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 firm has a market capitalization of £5.92 million, a P/E ratio of 0.95, a PEG ratio of 1.12 and a beta of 1.15.

Mothercare Company Profile

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.