Marks Electrical Group PLC (LON:MRK - Get Free Report)'s share price shot up 1.6% on Wednesday . The stock traded as high as GBX 62 ($0.83) and last traded at GBX 62 ($0.83). 142 shares traded hands during trading, a decline of 100% from the average session volume of 105,732 shares. The stock had previously closed at GBX 61 ($0.82).
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on MRK shares. Shore Capital reissued a "buy" rating on shares of Marks Electrical Group in a report on Thursday, April 10th. Canaccord Genuity Group raised their price target on shares of Marks Electrical Group from GBX 70 ($0.94) to GBX 73 ($0.98) and gave the stock a "buy" rating in a report on Thursday, April 10th.
Check Out Our Latest Research Report on Marks Electrical Group
Marks Electrical Group Price Performance
The firm has a 50-day moving average of GBX 59.44 and a 200-day moving average of GBX 57.12. The company has a debt-to-equity ratio of 8.42, a quick ratio of 0.62 and a current ratio of 1.59. The firm has a market capitalization of £62.97 million, a P/E ratio of 147.49 and a beta of 0.73.
Marks Electrical Group (LON:MRK - Get Free Report) last announced its quarterly earnings results on Wednesday, June 25th. The company reported GBX (1.38) (($0.02)) EPS for the quarter. Marks Electrical Group had a return on equity of 3.05% and a net margin of 0.37%. As a group, analysts predict that Marks Electrical Group PLC will post 3.5523979 EPS for the current year.
About Marks Electrical Group
(
Get Free Report)
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.
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