Mothercare (LON:MTC) Stock Crosses Above 200 Day Moving Average – Here’s Why

Mothercare plc (LON:MTC)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4.03 ($0.05) and traded as high as GBX 4.62 ($0.06). Mothercare shares last traded at GBX 3.60 ($0.04), with a volume of 1,144 shares.

Mothercare Trading Up 1.8 %

The stock has a fifty day moving average of GBX 3.92 and a 200 day moving average of GBX 4.02. The company has a debt-to-equity ratio of 1,691.67, a quick ratio of 1.31 and a current ratio of 1.28. The company has a market capitalization of £22.33 million, a P/E ratio of 223.00, a PEG ratio of 1.12 and a beta of 1.15.

Insider Activity

In other news, insider Andrew Cook acquired 1,000,000 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average cost of GBX 3 ($0.04) per share, for a total transaction of £30,000 ($36,500.79). Insiders own 44.63% of the company’s stock.

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.