Shoe Zone (LON:SHOE) Stock Passes Below 200 Day Moving Average – Here’s What Happened
by Sarita Garza · The Markets DailyShoe Zone plc (LON:SHOE – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 55.84 and traded as low as GBX 50. Shoe Zone shares last traded at GBX 50, with a volume of 51,394 shares traded.
Shoe Zone Price Performance
The company has a 50-day moving average of GBX 50.22 and a two-hundred day moving average of GBX 55.63. The stock has a market capitalization of £23.11 million, a PE ratio of -19.84 and a beta of 0.62. The company has a debt-to-equity ratio of 111.48, a current ratio of 1.24 and a quick ratio of 0.49.
Shoe Zone (LON:SHOE – Get Free Report) last released its earnings results on Monday, May 11th. The company reported GBX (11.50) earnings per share for the quarter. Shoe Zone had a negative return on equity of 3.48% and a negative net margin of 0.82%.The business had revenue of GBX 6,293 million for the quarter. Sell-side analysts predict that Shoe Zone plc will post 16.1335722 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider John Charles Smith acquired 1,533,693 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were bought at an average cost of GBX 50 per share, for a total transaction of £766,846.50. Company insiders own 64.90% of the company’s stock.
Shoe Zone Company Profile
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.