Shares of Marks Electrical Group PLC (LON:MRK - Get Free Report) traded down 0.2% during trading on Thursday . The stock traded as low as GBX 58.41 ($0.79) and last traded at GBX 58.41 ($0.79). 8,257 shares traded hands during trading, a decline of 93% from the average session volume of 126,696 shares. The stock had previously closed at GBX 58.50 ($0.79).
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on MRK shares. Canaccord Genuity Group boosted their target price on shares of Marks Electrical Group from GBX 70 ($0.95) to GBX 73 ($0.99) and gave the stock a "buy" rating in a research note on Thursday, April 10th. Shore Capital reaffirmed a "buy" rating on shares of Marks Electrical Group in a research note on Thursday, April 10th.
Read Our Latest Stock Report on Marks Electrical Group
Marks Electrical Group Stock Performance
The company has a market capitalization of £61.81 million, a PE ratio of 144.79 and a beta of 0.73. The company has a debt-to-equity ratio of 8.42, a current ratio of 1.59 and a quick ratio of 0.62. The stock has a 50-day simple moving average of GBX 58.42 and a 200 day simple moving average of GBX 55.24.
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.
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