Macfarlane Group PLC (LON:MACF - Get Free Report) fell 13.8% during mid-day trading on Thursday . The stock traded as low as GBX 97 ($1.31) and last traded at GBX 100.41 ($1.35). 2,773,478 shares traded hands during trading, an increase of 654% from the average session volume of 367,635 shares. The stock had previously closed at GBX 116.50 ($1.57).
Analyst Ratings Changes
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Macfarlane Group in a research note on Thursday.
Get Our Latest Analysis on MACF
Macfarlane Group Price Performance
The stock has a market capitalization of £154.95 million, a P/E ratio of 10.51 and a beta of 0.68. The business's 50 day simple moving average is GBX 112.79 and its two-hundred day simple moving average is GBX 107.16. The company has a quick ratio of 0.79, a current ratio of 1.20 and a debt-to-equity ratio of 44.58.
About Macfarlane Group
(
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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.
Further Reading
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