Mulberry Group (LON:MUL) Reaches New 1-Year High – Still a Buy?

Mulberry Group plc (LON:MUL) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 165 and last traded at GBX 164, with a volume of 18626 shares trading hands. The stock had previously closed at GBX 157.50.

Mulberry Group Trading Up 2.9%

The company has a debt-to-equity ratio of -539.33, a current ratio of 0.91 and a quick ratio of 0.66. The company has a market cap of £122.78 million, a price-to-earnings ratio of 13.46, a price-to-earnings-growth ratio of 0.82 and a beta of 0.61. The business has a 50 day simple moving average of GBX 137.28 and a 200 day simple moving average of GBX 116.62.

Mulberry Group (LON:MUL) last announced its earnings results on Wednesday, July 22nd. The company reported GBX (13) 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, equities analysts forecast that Mulberry Group plc will post 1700.0000961 EPS for the current year.

Mulberry Group Company Profile

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.