Insider Buying: Mothercare plc (LON:MTC) Insider Purchases £2,000 in Stock
Mothercare plc (LON:MTC) insider Glyn Hughes acquired 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The shares were bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £2,000 ($2,613.35).
Shares of MTC opened at GBX 12.15 ($0.16) on Friday. The stock has a market capitalization of $41.70 million and a price-to-earnings ratio of -0.37. The company has a debt-to-equity ratio of 78.96, a quick ratio of 0.37 and a current ratio of 0.96. The stock’s 50-day simple moving average is GBX 13.24 and its 200 day simple moving average is GBX 17.52. Mothercare plc has a 52-week low of GBX 12.90 ($0.17) and a 52-week high of GBX 24.60 ($0.32).
MTC has been the topic of a number of recent research reports. FinnCap reissued a “corporate” rating on shares of Mothercare in a report on Wednesday. Shore Capital reissued a “hold” rating on shares of Mothercare in a report on Wednesday.
Mothercare plc operates as a multi-channel retailer, franchisor, and wholesaler of products for mothers-to-be, babies, and children under the Mothercare and Early Learning Centre brands in the United Kingdom, rest of Europe, the Middle East and Africa, Asia, and Latin America. The company provides clothing for babies, toddlers, girls, and boys; nightwear and underwear; footwear; swimwear; and other accessories, as well as maternity apparel.
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