Shares of Macfarlane Group PLC (LON:MACF - Get Free Report) rose 0.4% on Tuesday . The company traded as high as GBX 121 ($1.65) and last traded at GBX 119 ($1.62). Approximately 454,322 shares changed hands during mid-day trading, an increase of 23% from the average daily volume of 369,399 shares. The stock had previously closed at GBX 118.50 ($1.61).
Macfarlane Group Stock Performance
The company has a debt-to-equity ratio of 44.58, a quick ratio of 0.79 and a current ratio of 1.20. The stock's fifty day moving average is GBX 109.51 and its two-hundred day moving average is GBX 106.82. The firm has a market cap of £188.15 million, a price-to-earnings ratio of 12.76 and a beta of 0.68.
Insider Buying and Selling at Macfarlane Group
In other Macfarlane Group news, insider Ivor Gray sold 15,397 shares of the firm's stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of GBX 104 ($1.42), for a total transaction of £16,012.88 ($21,798.09). 13.19% of the stock is owned by corporate insiders.
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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