Marshalls (LON:MSLH) Shares Cross Above Two Hundred Day Moving Average of $287.25

Marshalls plc (LON:MSLH) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 287.25 ($3.63) and traded as high as GBX 309.50 ($3.91). Marshalls shares last traded at GBX 309.50 ($3.91), with a volume of 301,136 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 420 ($5.31) target price on shares of Marshalls in a research note on Monday, May 20th.

Marshalls Trading Up 0.3 %

The company has a market capitalization of £785.16 million, a PE ratio of 4,421.43, a PEG ratio of 0.17 and a beta of 1.15. The company has a fifty day simple moving average of GBX 303.21 and a 200-day simple moving average of GBX 287.25. The company has a current ratio of 1.87, a quick ratio of 1.34 and a debt-to-equity ratio of 39.31.

Insider Activity at Marshalls

In other news, insider Matt Pullen purchased 13,439 shares of the business’s stock in a transaction dated Monday, April 29th. The stock was acquired at an average price of GBX 262 ($3.31) per share, for a total transaction of £35,210.18 ($44,536.02). 2.93% of the stock is currently owned by insiders.

About Marshalls

Marshalls plc, together with its subsidiaries, manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally. It offers paving products, such as flag paving, natural stone paving, block paving, permeable paving, tactile paving, accessories, steps, rail products, marker blocks, setts and cobbles, and pedestals; kerbs; and combined kerb and drainage systems, linear drainage systems, below ground drainage, offsite solutions, civils and drainage water management, specialist precast, and precast solutions.