Marks and Spencer Group plc (LON:MKS) Insider Sells £2,777,050.17 in Stock

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 that occurred on Thursday, July 17th. The stock was sold at an average price of GBX 333 ($4.47), for a total transaction of £2,777,050.17 ($3,725,084.06).

Marks and Spencer Group Trading Up 3.0%

Shares of LON:MKS traded up GBX 10.40 ($0.14) during trading on Monday, reaching GBX 352.40 ($4.73). The stock had a trading volume of 7,526,022 shares, compared to its average volume of 15,985,255. The firm's fifty day moving average is GBX 357.66 and its 200 day moving average is GBX 358.11. The company has a debt-to-equity ratio of 95.00, a quick ratio of 0.42 and a current ratio of 0.82. Marks and Spencer Group plc has a 52 week low of GBX 299.50 ($4.02) and a 52 week high of GBX 417.80 ($5.60). The stock has a market cap of £7.07 billion, a price-to-earnings ratio of 14.01, a P/E/G ratio of 0.20 and a beta of 1.62.

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) 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 forecast that Marks and Spencer Group plc will post 26.0113154 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have weighed in on MKS. Royal Bank Of Canada reduced their target price on shares of Marks and Spencer Group from GBX 420 ($5.63) to GBX 400 ($5.37) and set an "outperform" rating on the stock in a report on Wednesday, July 16th. Shore Capital reissued a "house stock" rating on shares of Marks and Spencer Group in a report on Wednesday, May 21st.

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.