Footasylum (LON:FOOT) Stock Price Down 26.6% – Here’s What Happened

Footasylum PLC (LON:FOOT)’s stock price traded down 26.6% during mid-day trading on Thursday . The company traded as low as GBX 81.50 ($1.09) and last traded at GBX 81.50 ($1.09). 100 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 609,787 shares. The stock had previously closed at GBX 111 ($1.48).

Footasylum Trading Down 26.6 %

The firm’s 50-day simple moving average is GBX 81.50 and its 200 day simple moving average is GBX 81.50. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.60 and a quick ratio of 0.46. The firm has a market capitalization of £88.60 million and a price-to-earnings ratio of -21.45.

Footasylum Company Profile

Footasylum plc engages in the retail and wholesale of footwear, apparel, and accessories in the United Kingdom and internationally. The company sells fashion streetwear and sportswear for men, women, and kids under approximately 300 brands, such as Nike, Adidas, Prè London, Society Sport, and Gym King; and owns brands comprising Kings Will Dream, Condemned Nation, Alessandro Zavetti, and Zavetti Sport, as well as retail brands, including Footasylum, Drome, and SEVEN.