Free Trial

Macfarlane Group (LON:MACF) Stock Price Down 14.2% - Time to Sell?

Macfarlane Group logo with Consumer Cyclical background

Macfarlane Group PLC (LON:MACF - Get Free Report)'s share price traded down 14.2% during mid-day trading on Thursday . The stock traded as low as GBX 97 ($1.32) and last traded at GBX 100 ($1.36). 2,900,686 shares changed hands during mid-day 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).

Analysts Set New Price Targets

Separately, Shore Capital reissued a "house stock" rating on shares of Macfarlane Group in a research note on Thursday.

View Our Latest Stock Analysis on Macfarlane Group

Macfarlane Group Stock Performance

The firm has a 50 day moving average of GBX 112.88 and a 200-day moving average of GBX 107.31. The stock has a market capitalization of £158.11 million, a PE ratio of 10.72 and a beta of 0.68. The company has a debt-to-equity ratio of 44.58, a quick ratio of 0.79 and a current ratio of 1.20.

About Macfarlane Group

(Get Free Report)

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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Macfarlane Group Right Now?

Before you consider Macfarlane Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Macfarlane Group wasn't on the list.

While Macfarlane Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines