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

Shoe Zone plc (LON:SHOEGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 158.34 ($2.06) and traded as high as GBX 158.50 ($2.06). Shoe Zone shares last traded at GBX 155 ($2.01), with a volume of 156,019 shares trading hands.

Shoe Zone Trading Down 1.1 %

The company has a debt-to-equity ratio of 131.15, a current ratio of 1.24 and a quick ratio of 0.49. The business’s 50-day moving average price is GBX 158.66 and its two-hundred day moving average price is GBX 165.43. The company has a market capitalization of £69.70 million, a price-to-earnings ratio of 502.53 and a beta of 1.25.

About Shoe Zone

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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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