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Marks Electrical Group (LON:MRK) Stock Price Up 0.1% - Here's Why

Marks Electrical Group logo with Consumer Cyclical background

Marks Electrical Group PLC (LON:MRK - Get Free Report) rose 0.1% on Friday . The stock traded as high as GBX 59.04 ($0.80) and last traded at GBX 59.04 ($0.80). Approximately 361 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 117,777 shares. The stock had previously closed at GBX 59 ($0.80).

Analyst Upgrades and Downgrades

MRK has been the topic of several recent research reports. Shore Capital reissued a "buy" rating on shares of Marks Electrical Group in a research report on Thursday, April 10th. Canaccord Genuity Group lifted their price objective on shares of Marks Electrical Group from GBX 70 ($0.95) to GBX 73 ($0.99) and gave the company a "buy" rating in a research note on Thursday, April 10th.

Get Our Latest Research Report on MRK

Marks Electrical Group Price Performance

The company's fifty day moving average price is GBX 58.50 and its 200 day moving average price is GBX 55.91. 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 £61.96 million, a price-to-earnings ratio of 145.13 and a beta of 0.73.

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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