Shoe Zone (LON:SHOE) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Shoe Zone plc (LON:SHOEGet Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 99.79 ($1.34) and traded as high as GBX 120 ($1.61). Shoe Zone shares last traded at GBX 120 ($1.61), with a volume of 15,737 shares traded.

Shoe Zone Stock Down 21.3%

The business’s fifty day simple moving average is GBX 100.09 and its 200 day simple moving average is GBX 109.06. The stock has a market cap of £41.56 million, a price-to-earnings ratio of 2.93 and a beta of 1.25. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 107.10.

Shoe Zone (LON:SHOEGet Free Report) last announced its quarterly earnings data on Wednesday, May 21st. The company reported GBX (4.90) (($0.07)) EPS for the quarter. Shoe Zone had a return on equity of 46.48% and a net margin of 8.58%. Equities analysts forecast that Shoe Zone plc will post 16.1335722 earnings per share for the current fiscal year.

Shoe Zone Company Profile

(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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