Shoe Zone (LON:SHOE) Shares Down 40.1% – Here’s What Happened

Shares of Shoe Zone plc (LON:SHOEGet Free Report) fell 40.1% on Wednesday . The company traded as low as GBX 70 ($0.89) and last traded at GBX 83 ($1.06). 117,653 shares traded hands during mid-day trading, an increase of 88% from the average session volume of 62,669 shares. The stock had previously closed at GBX 138.50 ($1.76).

Shoe Zone Stock Performance

The stock’s 50-day moving average price is GBX 149.98 and its 200 day moving average price is GBX 153.36. The company has a quick ratio of 0.49, a current ratio of 1.24 and a debt-to-equity ratio of 131.15. The company has a market cap of £36.98 million, a P/E ratio of 461.67 and a beta of 1.25.

Shoe Zone Company Profile

(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.

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