Marks Electrical Group (LON:MRK) Shares Up 0.9% – Time to Buy?

Marks Electrical Group PLC (LON:MRKGet Free Report) was up 0.9% during trading on Friday . The company traded as high as GBX 54 ($0.66) and last traded at GBX 53.48 ($0.65). Approximately 1,402,462 shares were traded during trading, an increase of 116% from the average daily volume of 648,075 shares. The stock had previously closed at GBX 53 ($0.65).

Marks Electrical Group Stock Performance

The company has a current ratio of 1.59, a quick ratio of 0.62 and a debt-to-equity ratio of 8.42. The company has a market cap of £55.99 million, a P/E ratio of 1,613.00 and a beta of 0.73. The company’s fifty day moving average is GBX 53.04 and its 200 day moving average is GBX 60.06.

Marks Electrical Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, November 28th were paid a GBX 0.30 ($0.00) dividend. This represents a dividend yield of 0.51%. The ex-dividend date was Thursday, November 28th.

About Marks Electrical Group

(Get Free Report)

Marks Electrical Group PLC, together with its subsidiary, engages in the supply of domestic electrical appliances and consumer electronics in the United Kingdom. The company also provides removal and recycling of packaging; collection and recycling of old appliances; and extended warranties and installation services.

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