Macfarlane Group PLC (LON:MACF - Get Free Report)'s stock price fell 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 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 ($1.58).
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Macfarlane Group in a report on Thursday.
View Our Latest Stock Analysis on MACF
Macfarlane Group Price Performance
The company has a debt-to-equity ratio of 44.58, a current ratio of 1.20 and a quick ratio of 0.79. The stock's fifty day moving average is GBX 112.88 and its 200-day moving average is GBX 107.31. The stock has a market cap of £158.11 million, a PE ratio of 10.72 and a beta of 0.68.
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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