Macfarlane Group (LON:MACF) Share Price Passes Below Fifty Day Moving Average - Here's Why

Key Points

• Macfarlane Group shares slipped below their 50-day moving average, trading as low as GBX 67 (50‑day MA GBX 68.22) with the last trade at GBX 67.60 on volume of 176,841 shares.
• The stock has a market capitalization of £106.16 million, a P/E of 17.09, a 200‑day moving average of GBX 71.14, and balance-sheet metrics including a debt‑to‑equity ratio of 74.12 and a current ratio of 0.98.
• Insider activity was mixed: Aleen Gulvanessian bought 27,730 shares at GBX 72 while Ivor Gray sold 19,680 shares (insiders sold 76,257 shares worth about $1.66m in the last 90 days), and insiders collectively own 2.41% of the company.

Macfarlane Group PLC (LON:MACF - Get Free Report)'s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 68.22 and traded as low as GBX 67. Macfarlane Group shares last traded at GBX 67.60, with a volume of 176,841 shares.

Macfarlane Group Stock Up 0.6%

The firm has a market capitalization of £106.16 million, a price-to-earnings ratio of 17.09 and a beta of 0.59. The company has a debt-to-equity ratio of 74.12, a current ratio of 0.98 and a quick ratio of 0.79. The stock has a fifty day moving average of GBX 68.22 and a two-hundred day moving average of GBX 71.14.

Macfarlane Group (LON:MACF - Get Free Report) last announced its earnings results on Thursday, February 26th. The company reported GBX 3.99 EPS for the quarter. Macfarlane Group had a return on equity of 5.20% and a net margin of 2.10%. Sell-side analysts anticipate that Macfarlane Group PLC will post 7.4677529 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Aleen Gulvanessian purchased 27,730 shares of the company's stock in a transaction dated Monday, March 2nd. The shares were purchased at an average price of GBX 72 per share, for a total transaction of £19,965.60. Also, insider Ivor Gray sold 19,680 shares of the company's stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of GBX 6, for a total transaction of £1,180.80. Insiders sold 76,257 shares of company stock valued at $1,660,042 in the last ninety days. Insiders own 2.41% of the company's stock.

Macfarlane Group Company Profile

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. The Manufacturing Operations segment designs, manufactures, and assembles timber, corrugated, and foam-based packaging materials in the United Kingdom.

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