Gear4music (LON:G4M) Stock Passes Below Fifty Day Moving Average – Should You Sell?

Gear4music (Holdings) plc (LON:G4M)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 161.04 ($2.01) and traded as low as GBX 150.15 ($1.87). Gear4music shares last traded at GBX 150.15 ($1.87), with a volume of 21,820 shares traded.

Gear4music Stock Performance

The company has a debt-to-equity ratio of 55.76, a quick ratio of 0.43 and a current ratio of 2.24. The firm has a market capitalization of £32.29 million, a PE ratio of 5,130.00, a price-to-earnings-growth ratio of 0.78 and a beta of 1.41. The firm’s 50 day moving average price is GBX 161.04 and its 200-day moving average price is GBX 169.30.

Gear4music (LON:G4M) last issued its quarterly earnings data on Tuesday, November 19th. The company reported GBX (5.90) (($0.07)) EPS for the quarter. Gear4music had a net margin of 0.45% and a return on equity of 1.72%. On average, research analysts expect that Gear4music will post 22.0105125 EPS for the current year.

About Gear4music

Operating from a Head Office in York, Distribution Centres in York, Bacup, Sweden, Germany, Ireland & Spain, and showrooms in York, Bacup, Sweden & Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and the Rest of the World.

Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.