Marlowe (LON:MRL) Reaches New 12-Month High at $488.00

Marlowe plc (LON:MRL)’s share price hit a new 52-week high on Friday . The stock traded as high as GBX 488 ($6.45) and last traded at GBX 465 ($6.14), with a volume of 384527 shares traded. The stock had previously closed at GBX 456 ($6.02).

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Berenberg Bank restated a “buy” rating and issued a GBX 710 ($9.38) target price on shares of Marlowe in a research report on Wednesday, August 21st. Royal Bank of Canada reissued an “outperform” rating and set a GBX 690 ($9.11) price objective on shares of Marlowe in a research report on Thursday, August 1st.

Marlowe Stock Up 2.0 %

The business has a 50 day simple moving average of GBX 443.22 and a 200 day simple moving average of GBX 487.60. The company has a market capitalization of £409.20 million, a price-to-earnings ratio of -3,257.14 and a beta of 0.44. The company has a debt-to-equity ratio of 58.99, a current ratio of 1.24 and a quick ratio of 0.80.

Marlowe Company Profile

Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk and Compliance; and Testing, and Inspection and Certification. It offers health and safety consultancy, risk and audit assessments, environmental, contractor management, and training services; and health and safety support services.