Morses Club (LON:MCL) Stock Passes Below Fifty Day Moving Average of $3.75

Morses Club PLC (LON:MCLGet Rating) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 3.75 ($0.04) and traded as low as GBX 2.42 ($0.03). Morses Club shares last traded at GBX 2.48 ($0.03), with a volume of 126,518 shares.

Morses Club Trading Up 4.6 %

The company has a current ratio of 2.51, a quick ratio of 2.39 and a debt-to-equity ratio of 65.37. The company’s fifty day moving average is GBX 3.75 and its 200-day moving average is GBX 6.22. The firm has a market capitalization of £3.48 million and a P/E ratio of 247.50.

About Morses Club

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Morses Club PLC provides non-standard financial services in the United Kingdom. The company operates through Home Collected Credit and Digital segments. The Home Collected Credit segment offers small short-term loans to customers who need affordable credit. It serves customers through a network of 1,077 self-employed agents.

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