Shore Capital reissued their house stock rating on shares of Macfarlane Group (LON:MACF - Free Report) in a research note released on Thursday, MarketBeat Ratings reports.
Macfarlane Group Trading Down 14.2%
LON:MACF traded down GBX 16.50 ($0.22) during midday trading on Thursday, hitting GBX 100 ($1.36). 2,900,686 shares of the company traded hands, compared to its average volume of 368,598. The firm's fifty day moving average is GBX 112.88 and its 200-day moving average is GBX 107.31. Macfarlane Group has a 12-month low of GBX 93.20 ($1.27) and a 12-month high of GBX 131 ($1.78). The firm has a market capitalization of £158.11 million, a P/E ratio of 10.72 and a beta of 0.68. The company has a current ratio of 1.20, a quick ratio of 0.79 and a debt-to-equity ratio of 44.58.
Macfarlane Group Company Profile
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Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe.
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