Shares of Marks and Spencer Group PLC (OTCMKTS:MAKSY - Get Free Report) saw an uptick in trading volume on Monday . 271,528 shares were traded during mid-day 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.
Wall Street Analysts Forecast Growth
Separately, Peel Hunt lowered Marks and Spencer Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 21st.
Read Our Latest Report on Marks and Spencer Group
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 has a 50 day simple moving average of $9.93 and a 200-day simple moving average of $9.56.
Marks and Spencer Group Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, July 11th. Investors of record on Tuesday, June 3rd were issued a dividend of $0.0698 per share. This is an increase from Marks and Spencer Group's previous dividend of $0.03. The ex-dividend date of this dividend was Monday, June 2nd. This represents a dividend yield of 0.91%.
About Marks and Spencer Group
(
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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.
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