Shares of Macfarlane Group PLC (LON:MACF - Get Free Report) traded down 14.2% on Friday . The stock traded as low as GBX 97 ($1.31) and last traded at GBX 100 ($1.35). 2,900,686 shares traded 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 ($1.57).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Macfarlane Group in a report on Thursday.
Check Out Our Latest Report on Macfarlane Group
Macfarlane Group Trading Down 0.4%
The firm has a market capitalization of £154.31 million, a P/E ratio of 10.46 and a beta of 0.68. The firm has a 50-day moving average of GBX 112.79 and a 200-day moving average of GBX 107.16. The company has a debt-to-equity ratio of 44.58, a quick ratio of 0.79 and a current ratio of 1.20.
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.
Further Reading
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