Mothercare (LON:MTC) Trading Down 14.4% – Here’s Why

Mothercare plc (LON:MTC) shares dropped 14.4% during trading on Tuesday . The company traded as low as GBX 3.12 ($0.04) and last traded at GBX 3.12 ($0.04). Approximately 392,387 shares changed hands during mid-day trading, an increase of 323% from the average daily volume of 92,680 shares. The stock had previously closed at GBX 3.65 ($0.05).

Mothercare Stock Down 14.4 %

The company has a market capitalization of £17.61 million, a P/E ratio of 223.00, a PEG ratio of 1.12 and a beta of 1.15. The company has a current ratio of 1.28, a quick ratio of 1.31 and a debt-to-equity ratio of 1,691.67. The stock has a 50 day moving average price of GBX 3.72 and a 200 day moving average price of GBX 3.85.

Mothercare (LON:MTC) last announced its quarterly earnings results on Monday, December 2nd. The company reported GBX (0.30) ($0.00) EPS for the quarter. On average, research analysts anticipate that Mothercare plc will post 0.2157576 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Andrew Cook bought 1,000,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was acquired at an average cost of GBX 3 ($0.04) per share, with a total value of £30,000 ($37,859.67). 44.63% of the stock is owned by corporate insiders.

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.