Mothercare (LON:MTC) Trading Down 21.7% – Here’s Why

Shares of Mothercare plc (LON:MTC) fell 21.7% on Monday . The company traded as low as GBX 2.51 ($0.03) and last traded at GBX 2.51 ($0.03). 863,111 shares were traded during mid-day trading, an increase of 34% from the average session volume of 646,255 shares. The stock had previously closed at GBX 3.20 ($0.04).

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft cut their price target on 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, Mothercare presently has a consensus rating of “Buy” and an average target price of GBX 450.

Mothercare Stock Performance

The stock has a market cap of £16.91 million, a PE ratio of 2.73, a price-to-earnings-growth ratio of 1.12 and a beta of 1.15. The company has a quick ratio of 1.31, a current ratio of 1.28 and a debt-to-equity ratio of 1,691.67. The firm has a 50 day moving average price of GBX 2.98 and a 200 day moving average price of GBX 2.78.

Mothercare (LON:MTC) last announced its quarterly earnings results on Thursday, September 25th. The company reported GBX (0.40) EPS for the quarter. As a group, research analysts forecast that Mothercare plc will post 0.2157576 earnings per share for the current year.

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.