Macfarlane Group PLC (LON:MACF - Get Free Report)'s stock price traded down 14.2% during trading on Thursday . The stock traded as low as GBX 97 ($1.32) and last traded at GBX 100 ($1.36). 2,900,686 shares were traded during 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 Upgrades and Downgrades
Separately, Shore Capital reiterated a "house stock" rating on shares of Macfarlane Group in a research note on Thursday.
Check Out Our Latest Analysis on Macfarlane Group
Macfarlane Group Trading Down 14.2%
The stock has a market capitalization of £158.11 million, a price-to-earnings ratio of 10.72 and a beta of 0.68. The company's 50 day moving average is GBX 112.88 and its 200 day moving average is GBX 107.31. 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
(
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.
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