Mothercare (LON:MTC) Stock Price Crosses Above 200 Day Moving Average of $8.34

Mothercare plc (LON:MTCGet Rating) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 8.34 ($0.10) and traded as high as GBX 10.25 ($0.12). Mothercare shares last traded at GBX 9.89 ($0.12), with a volume of 30,855 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “hold” rating on shares of Mothercare in a report on Wednesday, September 14th.

Mothercare Price Performance

The firm has a market capitalization of £53.06 million and a PE ratio of 988.50. The stock has a 50-day moving average price of GBX 7.42 and a 200 day moving average price of GBX 8.31. The company has a quick ratio of 1.23, a current ratio of 1.39 and a debt-to-equity ratio of 1,346.67.

Insider Activity

In related news, insider Clive Whiley purchased 500,000 shares of the business’s stock in a transaction on Wednesday, September 14th. The shares were bought at an average price of GBX 9 ($0.11) per share, for a total transaction of £45,000 ($54,374.09).

Mothercare Company Profile

(Get Rating)

Mothercare plc, through its subsidiaries, operates as a specialist franchisor of products for mothers-to-be and children under the Mothercare brand. The company provides clothing, footwear, home, and travel products, as well as toys. It operates approximately 700 Mothercare stores and 400 additional stores under the Mothercare brand, as well as websites through a network of franchise partners in 37 countries.

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