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 365.12 ($4.96) and traded as high as GBX 374.90 ($5.09). Marks and Spencer Group shares last traded at GBX 373.40 ($5.07), with a volume of 7,998,752 shares changing hands.
Analysts Set New Price Targets
Separately, Shore Capital reiterated a "house stock" rating on shares of Marks and Spencer Group in a research report on Wednesday, May 21st.
Read Our Latest Stock Report on Marks and Spencer Group
Marks and Spencer Group Stock Performance
The company has a market capitalization of £7.51 billion, a P/E ratio of 14.88, a P/E/G ratio of 0.20 and a beta of 1.62. The business has a 50-day moving average of GBX 376.31 and a 200-day moving average of GBX 365.07. The company has a debt-to-equity ratio of 95.00, a current ratio of 0.82 and a quick ratio of 0.42.
Marks and Spencer Group (LON:MKS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 21st. The retailer reported GBX 31.90 ($0.43) earnings per share (EPS) for the quarter. Marks and Spencer Group had a return on equity of 17.23% and a net margin of 3.77%. On average, sell-side analysts anticipate that Marks and Spencer Group plc will post 26.0113154 EPS for the current year.
Marks and Spencer Group Company Profile
(
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.
Further Reading
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