Marshalls (LON:MSLH) Stock Crosses Above 200 Day Moving Average of $309.12

Posted by Defense World Staff on Sep 18th, 2024

Marshalls plc (LON:MSLH – Get Free Report)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 309.12 ($4.08) and traded as high as GBX 334.50 ($4.42). Marshalls shares last traded at GBX 334.50 ($4.42), with a volume of 351,604 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 420 ($5.55) price target on shares of Marshalls in a research note on Monday, August 12th.

Check Out Our Latest Stock Analysis on MSLH

Marshalls Trading Down 0.3 %

The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34. The firm has a market capitalization of £843.32 million, a PE ratio of 4,181.25, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The business’s 50-day moving average price is GBX 339.31 and its 200-day moving average price is GBX 309.12.

Marshalls Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, October 24th will be given a dividend of GBX 2.60 ($0.03) per share. The ex-dividend date is Thursday, October 24th. This represents a dividend yield of 0.76%. Marshalls’s dividend payout ratio (DPR) is presently 10,000.00%.

Insider Transactions at Marshalls

In related news, insider Matt Pullen purchased 14,330 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The stock was purchased at an average cost of GBX 349 ($4.61) per share, with a total value of £50,011.70 ($66,065.65). Insiders own 2.75% of the company’s stock.

Marshalls Company Profile

(Get Free Report)

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.