Shoe Zone (LON:SHOE) Shares Pass Below 50 Day Moving Average – Here’s What Happened

Shoe Zone plc (LON:SHOEGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 79.23 ($1.07) and traded as low as GBX 70 ($0.94). Shoe Zone shares last traded at GBX 70.55 ($0.95), with a volume of 96,364 shares changing hands.

Shoe Zone Price Performance

The stock has a market capitalization of £33.70 million, a P/E ratio of 1,315.88 and a beta of 1.25. The business’s 50 day simple moving average is GBX 79.23 and its two-hundred day simple moving average is GBX 93.34. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 107.10.

About Shoe Zone

(Get Free Report)

Shoe Zone plc operates as a footwear retailer in the United Kingdom. It offers shoes for men, women, boys, and girls. It offers its product through stores and a website, shoezone.com. The company was incorporated in 2014 and is based in Leicester, the United Kingdom.

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