Shoe Zone (LON:SHOE) Trading Down 40.1% – Here’s Why

Shoe Zone plc (LON:SHOEGet Free Report)’s stock price dropped 40.1% during trading on Wednesday . The stock traded as low as GBX 70 ($0.87) and last traded at GBX 83 ($1.04). Approximately 117,653 shares were traded during trading, an increase of 88% from the average daily volume of 62,669 shares. The stock had previously closed at GBX 138.50 ($1.73).

Shoe Zone Price Performance

The company has a 50 day simple moving average of GBX 147.24 and a 200 day simple moving average of GBX 152.47. The company has a market capitalization of £43.92 million, a price-to-earnings ratio of 316.67 and a beta of 1.25. The company has a quick ratio of 0.49, a current ratio of 1.24 and a debt-to-equity ratio of 131.15.

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.

Recommended Stories

Receive News & Ratings for Shoe Zone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shoe Zone and related companies with MarketBeat.com's FREE daily email newsletter.