Macfarlane Group PLC (LON:MACF - Get Free Report)'s stock price traded down 12.4% during trading on Thursday . The stock traded as low as GBX 97 ($1.32) and last traded at GBX 102.10 ($1.39). 1,076,576 shares traded hands during mid-day trading, an increase of 203% from the average session volume of 354,779 shares. The stock had previously closed at GBX 116.50 ($1.58).
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Macfarlane Group in a research report on Thursday.
View Our Latest Stock Analysis on Macfarlane Group
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 firm's 50 day moving average is GBX 112.88 and its 200 day moving average is GBX 107.31. The firm has a market cap of £158.11 million, a P/E ratio of 10.72 and a beta of 0.68.
About Macfarlane Group
(
Get Free Report)
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.
Featured Articles
Before you consider Macfarlane Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Macfarlane Group wasn't on the list.
While Macfarlane Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.