Shoe Zone (LON:SHOE) Shares Up 6.6% – Time to Buy?

Shoe Zone plc (LON:SHOEGet Free Report)’s share price shot up 6.6% during trading on Tuesday . The company traded as high as GBX 75 and last traded at GBX 65. 264,926 shares changed hands during trading, an increase of 304% from the average session volume of 65,572 shares. The stock had previously closed at GBX 61.

Shoe Zone Trading Up 6.6%

The firm has a market cap of £30.05 million, a PE ratio of -25.79 and a beta of 0.69. The company’s fifty day moving average price is GBX 54.26 and its two-hundred day moving average price is GBX 51.40. The company has a quick ratio of 0.49, a current ratio of 1.24 and a debt-to-equity ratio of 111.48.

Shoe Zone (LON:SHOEGet Free Report) last issued its quarterly earnings results on Monday, May 11th. The company reported GBX (11.50) earnings per share (EPS) for the quarter. The firm had revenue of GBX 6,293 million for the quarter. Shoe Zone had a negative return on equity of 3.48% and a negative net margin of 0.82%. As a group, sell-side analysts forecast that Shoe Zone plc will post 16.1335722 earnings per share for the current fiscal year.

Insider Activity

In other Shoe Zone news, insider John Charles Smith purchased 1,533,693 shares of Shoe Zone stock in a transaction dated Tuesday, May 19th. The stock was acquired at an average cost of GBX 50 per share, with a total value of £766,846.50. Company insiders own 64.90% of the company’s stock.

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.

Further Reading

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