Shares of Macfarlane Group PLC (LON:MACF - Get Free Report) were down 14.2% during trading on Friday . The company traded as low as GBX 97 ($1.31) and last traded at GBX 100 ($1.35). Approximately 2,900,686 shares were traded during mid-day trading, an increase of 687% from the average daily volume of 368,598 shares. The stock had previously closed at GBX 116.50 ($1.57).
Analyst Ratings Changes
Separately, Shore Capital reiterated a "house stock" rating on shares of Macfarlane Group in a report on Thursday.
View Our Latest Stock Report on MACF
Macfarlane Group Trading Down 0.4%
The firm has a market cap of £154.31 million, a price-to-earnings ratio of 10.46 and a beta of 0.68. The business's 50 day moving average price is GBX 112.79 and its 200-day moving average price is 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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