Marks Electrical Group (LON:MRK - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX (1.38) (($0.02)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Marks Electrical Group had a return on equity of 3.05% and a net margin of 0.37%.
Marks Electrical Group Stock Performance
LON MRK traded down GBX 1 ($0.01) during trading hours on Wednesday, hitting GBX 62 ($0.85). The company had a trading volume of 37,080 shares, compared to its average volume of 110,736. The company has a quick ratio of 0.62, a current ratio of 1.59 and a debt-to-equity ratio of 8.42. The firm has a market cap of £65.07 million, a P/E ratio of 152.41 and a beta of 0.73. Marks Electrical Group has a fifty-two week low of GBX 48 ($0.66) and a fifty-two week high of GBX 77 ($1.05). The business has a fifty day simple moving average of GBX 58.62 and a 200-day simple moving average of GBX 56.30.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on MRK. Canaccord Genuity Group lifted their price target on shares of Marks Electrical Group from GBX 70 ($0.96) to GBX 73 ($1.00) and gave the company a "buy" rating in a report on Thursday, April 10th. Shore Capital restated a "buy" rating on shares of Marks Electrical Group in a research note on Thursday, April 10th.
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Marks Electrical Group Company Profile
(
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Marks Electrical Group PLC, together with its subsidiary, engages in the supply of domestic electrical appliances and consumer electronics in the United Kingdom. The company also provides removal and recycling of packaging; collection and recycling of old appliances; and extended warranties and installation services.
Further Reading
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