Gear4music (LON:G4M) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Gear4music (Holdings) plc (LON:G4M) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 165.61 ($2.08) and traded as high as GBX 168.70 ($2.11). Gear4music shares last traded at GBX 165.08 ($2.07), with a volume of 2,485 shares trading hands.

Gear4music Trading Down 1.4 %

The company has a market cap of £34.63 million, a price-to-earnings ratio of 5,502.67, a PEG ratio of 0.78 and a beta of 1.41. The business’s 50 day moving average price is GBX 165.61 and its 200-day moving average price is GBX 168.66. The company has a current ratio of 2.24, a quick ratio of 0.43 and a debt-to-equity ratio of 55.76.

Gear4music Company Profile

Gear4music (Holdings) plc engages in the retail of musical instruments and equipment in the United Kingdom, rest of Europe, and internationally. The company offers pianos, violins, cellos, violas, double bass, bass guitar amps and pedals, guitars, amps, mixers, speakers and audio electronics, drum kits, clarinets, flutes, oboes and piccolos, trumpets, trombones, tubas and french horns, lightweight instruments, guitars and accessories, bass amplification, and drum kits and accessories.