Macfarlane Group PLC (LON:MACF - Get Free Report)'s share price fell 14.2% on Friday . 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).
Analyst Ratings Changes
Separately, Shore Capital reiterated a "house stock" rating on shares of Macfarlane Group in a report on Thursday.
Read Our Latest Stock Report on Macfarlane Group
Macfarlane Group Price Performance
The company has a current ratio of 1.20, a quick ratio of 0.79 and a debt-to-equity ratio of 44.58. The company's fifty day moving average is GBX 112.85 and its two-hundred day moving average is GBX 107.25. The stock has a market cap of £157.79 million, a price-to-earnings ratio of 10.70 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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