Marks Electrical Group (LON:MRK) Shares Up 0.2% - Time to Buy?

Key Points

• Marks Electrical Group's shares increased by 0.2%, closing at GBX 59.10 ($0.80) after trading as high as GBX 60.50 ($0.82) on Friday.
• The company reported a quarterly EPS of GBX (1.38), with an anticipated earnings per share of 3.55 for the current fiscal year.
• Marks Electrical Group has a market cap of £61.62 million and a notably high debt-to-equity ratio of 8.42.

Marks Electrical Group PLC (LON:MRK - Get Free Report)'s stock price was up 0.2% during trading on Friday . The stock traded as high as GBX 60.50 ($0.81) and last traded at GBX 59.10 ($0.79). Approximately 2,263 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 89,353 shares. The stock had previously closed at GBX 59 ($0.79).

Marks Electrical Group Stock Performance

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 company has a market cap of £61.69 million, a P/E ratio of -4,287.32 and a beta of 0.73. The stock's fifty day moving average price is GBX 60.38 and its two-hundred day moving average price is GBX 58.67.

Marks Electrical Group (LON:MRK - Get Free Report) last announced its quarterly earnings data on Wednesday, June 25th. The company reported GBX (1.38) EPS for the quarter. Marks Electrical Group had a net margin of 0.37% and a return on equity of 3.05%. As a group, equities analysts predict that Marks Electrical Group PLC will post 3.5523979 earnings per share for the current year.

About Marks Electrical Group

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.