Marks and Spencer Group plc (LON:MKS) Insider Stuart Machin Sells 833,949 Shares

Marks and Spencer Group plc (LON:MKS - Get Free Report) insider Stuart Machin sold 833,949 shares of the company's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of GBX 333 ($4.47), for a total transaction of £2,777,050.17 ($3,729,085.77).

Marks and Spencer Group Stock Performance

MKS traded up GBX 5.31 ($0.07) on Friday, hitting GBX 340.91 ($4.58). The company's stock had a trading volume of 736,186,875 shares, compared to its average volume of 21,339,289. Marks and Spencer Group plc has a 12 month low of GBX 299.50 ($4.02) and a 12 month high of GBX 417.80 ($5.61). 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 firm has a market cap of £6.84 billion, a P/E ratio of 13.56, a price-to-earnings-growth ratio of 0.20 and a beta of 1.62. The company's 50 day simple moving average is GBX 357.98 and its 200-day simple moving average is GBX 358.68.

Marks and Spencer Group (LON:MKS - Get Free Report) last posted its quarterly earnings data 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 net margin of 3.77% and a return on equity of 17.23%. Analysts forecast that Marks and Spencer Group plc will post 26.0113154 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Shore Capital reiterated a "house stock" rating on shares of Marks and Spencer Group in a report on Wednesday, May 21st. Royal Bank Of Canada reduced their price objective on shares of Marks and Spencer Group from GBX 420 ($5.64) to GBX 400 ($5.37) and set an "outperform" rating for the company in a research report on Wednesday.

About Marks and Spencer Group

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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