Marshalls (LON:MSLH) Stock Passes Above 200-Day Moving Average of $264.21

Marshalls plc (LON:MSLH - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 264.21 ($3.32) and traded as high as GBX 282.50 ($3.55). Marshalls shares last traded at GBX 282 ($3.54), with a volume of 205,289 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded shares of Marshalls to a "buy" rating and upped their price target for the stock from GBX 320 ($4.02) to GBX 420 ($5.28) in a report on Wednesday, January 31st.

Marshalls Stock Down 1.2 %

The company has a debt-to-equity ratio of 39.31, a quick ratio of 1.34 and a current ratio of 1.87. The business's fifty day moving average price is GBX 279.10 and its two-hundred day moving average price is GBX 264.21. The firm has a market capitalization of £704.24 million, a P/E ratio of 4,057.14, a PEG ratio of 0.17 and a beta of 1.15.

Marshalls Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, July 1st. Shareholders of record on Thursday, June 6th will be paid a dividend of GBX 5.70 ($0.07) per share. This represents a yield of 1.96%. This is a boost from Marshalls's previous dividend of $2.60. The ex-dividend date of this dividend is Thursday, June 6th. Marshalls's payout ratio is presently 11,428.57%.

Insider Activity

In other news, insider Simon Bourne sold 6,580 shares of Marshalls stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of GBX 280 ($3.52), for a total transaction of £18,424 ($23,145.73). In related news, insider Matt Pullen purchased 13,439 shares of the business's stock in a transaction that occurred on Monday, April 29th. The stock was bought at an average price of GBX 262 ($3.29) per share, with a total value of £35,210.18 ($44,233.89). Also, insider Simon Bourne sold 6,580 shares of the business's stock in a transaction on Thursday, March 21st. The stock was sold at an average price of GBX 280 ($3.52), for a total transaction of £18,424 ($23,145.73). Insiders own 2.91% of the company's stock.

Marshalls Company Profile

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.