Macfarlane Group PLC (LON:MACF - Get Free Report) traded down 14.2% on Thursday . The company traded as low as GBX 97 ($1.32) and last traded at GBX 100 ($1.36). 2,900,686 shares changed hands during trading, an increase of 687% from the average session volume of 368,598 shares. The stock had previously closed at GBX 116.50 ($1.58).
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Macfarlane Group in a research note on Thursday.
Check Out Our Latest Report on MACF
Macfarlane Group Stock Down 14.2%
The stock's 50 day simple moving average is GBX 112.85 and its two-hundred day simple moving average is GBX 107.25. The firm has a market cap of £158.11 million, a P/E ratio of 10.72 and a beta of 0.68. The company has a debt-to-equity ratio of 44.58, a current ratio of 1.20 and a quick ratio of 0.79.
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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