Marks and Spencer Group (OTCMKTS:MAKSY) Sees Strong Trading Volume - Should You Buy?

Marks and Spencer Group PLC (OTCMKTS:MAKSY - Get Free Report) shares saw strong trading volume on Monday . 271,528 shares were traded during trading, an increase of 274% from the previous session's volume of 72,525 shares.The stock last traded at $8.92 and had previously closed at $8.94.

Analyst Ratings Changes

Separately, Peel Hunt lowered shares of Marks and Spencer Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 21st.

Marks and Spencer Group Stock Performance

The company has a debt-to-equity ratio of 0.88, a current ratio of 0.87 and a quick ratio of 0.56. The firm's 50-day simple moving average is $9.86 and its 200 day simple moving average is $9.55.

Marks and Spencer Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 11th. Shareholders of record on Tuesday, June 3rd were given a $0.0698 dividend. This is a positive change from Marks and Spencer Group's previous dividend of $0.03. The ex-dividend date was Monday, June 2nd. This represents a yield of 0.91%.

About Marks and Spencer Group

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.