Marks Electrical Group (LON:MRK) Hits New 12-Month Low at $58.00

Marks Electrical Group PLC (LON:MRKGet Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 58 ($0.78) and last traded at GBX 60 ($0.80), with a volume of 30325 shares. The stock had previously closed at GBX 60 ($0.80).

Marks Electrical Group Price Performance

The company has a quick ratio of 0.62, a current ratio of 1.59 and a debt-to-equity ratio of 8.42. The business’s 50-day moving average price is GBX 62.99 and its 200-day moving average price is GBX 67.32. The firm has a market capitalization of £62.81 million, a PE ratio of 1,613.00 and a beta of 0.73.

Insider Activity at Marks Electrical Group

In related news, insider Joshua E. T. A. Egan sold 61,279 shares of the business’s stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of GBX 70 ($0.94), for a total transaction of £42,895.30 ($57,377.34). 79.32% of the stock is owned by company insiders.

Marks Electrical Group Company Profile

(Get Free Report)

Marks Electrical Group PLC operates as an electrical retailer in the United Kingdom. It sells, delivers, and installs domestic electrical appliances, consumer electronics, and warranty products. The company was formerly known as Marks Electrical Holding Limited and changed its name to Marks Electrical Group PLC in October 2021.

Further Reading

Receive News & Ratings for Marks Electrical Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marks Electrical Group and related companies with MarketBeat.com's FREE daily email newsletter.