Gear4music (LON:G4M) Announces Earnings Results

Gear4music (LON:G4M) issued its quarterly earnings data on Tuesday. The company reported GBX 4 ($0.05) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Gear4music had a net margin of 0.68% and a return on equity of 2.60%.

Gear4music Price Performance

Shares of G4M opened at GBX 219.85 ($3.00) on Thursday. The company has a debt-to-equity ratio of 79.53, a quick ratio of 0.43 and a current ratio of 2.19. Gear4music has a fifty-two week low of GBX 97.80 ($1.34) and a fifty-two week high of GBX 219.85 ($3.00). The firm has a 50-day simple moving average of GBX 156.03 and a 200-day simple moving average of GBX 149.68. The company has a market capitalization of £46.12 million, a price-to-earnings ratio of 46.64, a price-to-earnings-growth ratio of 0.78 and a beta of 1.41.

Insider Activity at Gear4music

In other news, insider Gareth John Bevan acquired 11,000 shares of the stock in a transaction that occurred on Thursday, April 10th. The shares were purchased at an average cost of GBX 115 ($1.57) per share, for a total transaction of £12,650 ($17,283.78). 24.79% of the stock is currently owned by insiders.

Gear4music Company Profile

Operating from a Head Office in York, Distribution Centres in York, Bacup, Sweden, Germany, Ireland & Spain, and showrooms in York, Bacup, Sweden & Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and the Rest of the World.

Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.