Shoe Zone (LON:SHOE) Stock Passes Below 50-Day Moving Average of $208.53

Shoe Zone PLC (LON:SHOE)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $208.53 and traded as low as $190.00. Shoe Zone shares last traded at $192.00, with a volume of 3,157 shares trading hands.

Separately, FinnCap increased their price objective on shares of Shoe Zone from GBX 230 ($3.01) to GBX 240 ($3.14) and gave the company a “corporate” rating in a research note on Tuesday, May 21st.

The stock has a market cap of $96.85 million and a PE ratio of 10.21. The company’s 50 day simple moving average is GBX 208.52 and its 200 day simple moving average is GBX 210.81.

In other news, insider Nicholas (Nick) Davis acquired 15,000 shares of the firm’s stock in a transaction on Thursday, June 6th. The stock was purchased at an average price of GBX 200 ($2.61) per share, for a total transaction of £30,000 ($39,200.31).

Shoe Zone Company Profile (LON:SHOE)

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