Andrew Cook Purchases 5,000,000 Shares of Mothercare (LON:MTC) Stock

Mothercare plc (LON:MTC) insider Andrew Cook bought 5,000,000 shares of Mothercare stock in a transaction dated Tuesday, December 23rd. The stock was purchased at an average price of GBX 1 per share, for a total transaction of £50,000.

Mothercare Price Performance

MTC stock traded down GBX 0.16 during trading on Tuesday, hitting GBX 2.30. 215,187,922 shares of the stock traded hands, compared to its average volume of 1,425,651. Mothercare plc has a one year low of GBX 1 and a one year high of GBX 4.80. The company has a 50 day simple moving average of GBX 2.51 and a 200 day simple moving average of GBX 2.75. The company has a current ratio of 1.28, a quick ratio of 1.31 and a debt-to-equity ratio of 1,691.67. The stock has a market cap of £12.96 million, a price-to-earnings ratio of 2.09, a P/E/G ratio of 1.12 and a beta of 1.15.

Mothercare (LON:MTC) last released its quarterly earnings results on Tuesday, December 23rd. The company reported GBX (0.30) earnings per share for the quarter. Equities analysts expect that Mothercare plc will post 0.2157576 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

About Mothercare

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.