Marks and Spencer Group (OTCMKTS:MAKSY) Hits New 1-Year High at $10.04

Marks and Spencer Group plc (OTCMKTS:MAKSY)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $10.04 and last traded at $9.79, with a volume of 912027 shares traded. The stock had previously closed at $9.44.

Wall Street Analyst Weigh In

Separately, Barclays upgraded shares of Marks and Spencer Group to a “strong-buy” rating in a report on Monday. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $170.00.

Marks and Spencer Group Stock Performance

The company has a quick ratio of 0.55, a current ratio of 0.86 and a debt-to-equity ratio of 1.02. The stock’s fifty day simple moving average is $8.58 and its two-hundred day simple moving average is $7.51.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.