Macfarlane Group (LON:MACF) Trading Down 0.1% - Here's Why

Key Points

• Macfarlane shares were trading slightly down 0.1% at GBX 70.12 on Thursday, with only 118,965 shares changing hands — roughly 67% below the stock's average daily volume.
• The company shows tight liquidity and elevated leverage with a quick ratio of 0.79, current ratio of 0.98 and debt-to-equity of 74.12; valuation metrics include a market cap of £109.47m and a PE of 17.62, while last quarter EPS was GBX 3.99 and analysts forecast about 7.47 EPS for the year.
• Insider selling has been notable: insiders sold 76,257 shares valued at about $1.66m in the last quarter, and corporate insiders now own 2.41% of the stock.

Macfarlane Group PLC (LON:MACF - Get Free Report) shares were down 0.1% during trading on Thursday . The stock traded as low as GBX 69.05 and last traded at GBX 70.12. Approximately 118,965 shares were traded during trading, a decline of 67% from the average daily volume of 364,451 shares. The stock had previously closed at GBX 70.20.

Macfarlane Group Price Performance

The company has a quick ratio of 0.79, a current ratio of 0.98 and a debt-to-equity ratio of 74.12. The company has a 50-day moving average of GBX 68.72 and a 200 day moving average of GBX 71.94. The stock has a market capitalization of £109.47 million, a PE ratio of 17.62 and a beta of 0.59.

Macfarlane Group (LON:MACF - Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported GBX 3.99 earnings per share (EPS) for the quarter. Macfarlane Group had a return on equity of 5.20% and a net margin of 2.10%. Sell-side analysts predict that Macfarlane Group PLC will post 7.4677529 EPS for the current year.

Insider Buying and Selling

In other Macfarlane Group news, insider Ivor Gray sold 19,680 shares of the company's stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of GBX 6, for a total value of £1,180.80. Also, insider Laura Whyte sold 18,500 shares of the company's stock in a transaction on Monday, March 2nd. The shares were sold at an average price of GBX 71, for a total value of £13,135. Insiders have sold 76,257 shares of company stock valued at $1,660,042 in the last quarter. Corporate insiders own 2.41% of the company's stock.

About Macfarlane Group

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. The Manufacturing Operations segment designs, manufactures, and assembles timber, corrugated, and foam-based packaging materials in the United Kingdom.

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