Marks and Spencer Group plc (LON:MKS - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 364.81 ($4.90) and traded as high as GBX 374.30 ($5.02). Marks and Spencer Group shares last traded at GBX 367.78 ($4.94), with a volume of 8,791,613 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Marks and Spencer Group in a report on Wednesday, May 21st.
Check Out Our Latest Stock Analysis on MKS
Marks and Spencer Group Price Performance
The firm's fifty day moving average price is GBX 376.60 and its 200 day moving average price is GBX 364.81. The company has a quick ratio of 0.42, a current ratio of 0.82 and a debt-to-equity ratio of 95.00. The stock has a market cap of £7.38 billion, a PE ratio of 14.62, a P/E/G ratio of 0.20 and a beta of 1.62.
Marks and Spencer Group (LON:MKS - Get Free Report) last released its earnings results on Wednesday, May 21st. The retailer reported GBX 31.90 ($0.43) EPS for the quarter. Marks and Spencer Group had a net margin of 3.77% and a return on equity of 17.23%. As a group, equities analysts expect that Marks and Spencer Group plc will post 26.0113154 EPS for the current fiscal 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.
Recommended Stories
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.
Before you consider Marks and Spencer 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 Marks and Spencer Group wasn't on the list.
While Marks and Spencer Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
