Gear4music (LON:G4M) Shares Down 0.1% – Time to Sell?

Gear4music (Holdings) plc (LON:G4M) dropped 0.1% on Friday . The company traded as low as GBX 166.60 ($2.10) and last traded at GBX 167.25 ($2.11). Approximately 10,675 shares traded hands during trading, a decline of 77% from the average daily volume of 45,968 shares. The stock had previously closed at GBX 167.50 ($2.11).

Gear4music Stock Performance

The company has a debt-to-equity ratio of 55.76, a current ratio of 2.24 and a quick ratio of 0.43. The company has a 50 day simple moving average of GBX 165.02 and a 200-day simple moving average of GBX 166.77. The firm has a market cap of £35.14 million, a PE ratio of 5,583.33, a price-to-earnings-growth ratio of 0.78 and a beta of 1.41.

About Gear4music

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.