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Marks and Spencer Group (LON:MKS) Stock 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) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 366.86 ($4.83) and traded as high as GBX 369.48 ($4.87). Marks and Spencer Group shares last traded at GBX 363.60 ($4.79), with a volume of 20,497,590 shares changing hands.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Analysis on MKS

Marks and Spencer Group Price Performance

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 stock's fifty day moving average price is GBX 366.76 and its 200-day moving average price is GBX 366.33. The firm has a market cap of £6.93 billion, a PE ratio of 13.73, a P/E/G ratio of 0.20 and a beta of 1.62.

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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