Mulberry Group (LON:MUL) Reaches New 12-Month High – What’s Next?

Mulberry Group plc (LON:MUL)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 260 and last traded at GBX 251.10, with a volume of 24206 shares trading hands. The stock had previously closed at GBX 245.

Mulberry Group Stock Up 2.5%

The firm has a market cap of £176.17 million, a price-to-earnings ratio of 19.32, a P/E/G ratio of 0.82 and a beta of 0.63. The firm’s 50 day moving average price is GBX 169.93 and its two-hundred day moving average price is GBX 130.40. The company has a debt-to-equity ratio of -539.33, a current ratio of 0.91 and a quick ratio of 0.66.

Mulberry Group (LON:MUL) last released its quarterly earnings results on Wednesday, July 22nd. The company reported GBX (13) earnings per share (EPS) for the quarter. Mulberry Group had a positive return on equity of 78.71% and a negative net margin of 6.72%. As a group, sell-side analysts forecast that Mulberry Group plc will post 1700.0000961 earnings per share 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.