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Marks and Spencer Group (LON:MKS) Share Price Crosses Above 200 Day Moving Average - Here's What Happened

Marks and Spencer Group logo with Consumer Cyclical background

Marks and Spencer Group plc (LON:MKS - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 367.21 ($4.93) and traded as high as GBX 390.10 ($5.23). Marks and Spencer Group shares last traded at GBX 386.82 ($5.19), with a volume of 7,903,489 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital reissued a "house stock" rating on shares of Marks and Spencer Group in a report on Friday, March 21st.

Read Our Latest Report on MKS

Marks and Spencer Group Stock Up 1.8 %

The stock has a market capitalization of £7.90 billion, a P/E ratio of 15.65, a P/E/G ratio of 0.20 and a beta of 1.62. The company has a debt-to-equity ratio of 95.00, a quick ratio of 0.42 and a current ratio of 0.82. The company's 50-day moving average price is GBX 364.73 and its 200 day moving average price is GBX 367.21.

About Marks and Spencer Group

(Get Free Report)

M&S has a heritage of quality, innovation and value for money and has been voted the UK's most trusted brand. From these foundations, M&S is reshaping for sustainable profitable growth and value creation. We operate as a family of businesses, selling high-quality, great-value, own-brand products and services, alongside a carefully selected range of third-party brands.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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