Marshalls (LON:MSLH) Reaches New 52-Week Low - Here's What Happened

Key Points

• Marshalls plc shares reached a new 52-week low at GBX 197.40 ($2.65) during trading, representing a decline of 20.6% from its previous close of GBX 264 ($3.55).
• The company's market capitalization is £527 million, with a P/E ratio of 24.47 and a PEG ratio of 0.17, indicating challenges in valuation and growth prospects.
• Marshalls operates in three divisions: Landscape Products, Roofing Products, and Building Products, focusing on sustainable solutions for the built environment.

Marshalls plc (LON:MSLH - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Saturday . The company traded as low as GBX 197.40 ($2.64) and last traded at GBX 209.50 ($2.80), with a volume of 10387320 shares changing hands. The stock had previously closed at GBX 264 ($3.53).

Analyst Ratings Changes

MSLH has been the subject of a number of research reports. Berenberg Bank cut their price objective on shares of Marshalls from GBX 420 ($5.61) to GBX 360 ($4.81) and set a "buy" rating for the company in a research note on Monday. Peel Hunt reissued a "buy" rating and set a GBX 290 ($3.87) price target on shares of Marshalls in a research report on Friday. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 420 ($5.61) price target on shares of Marshalls in a research report on Monday. Finally, Royal Bank Of Canada dropped their price target on shares of Marshalls from GBX 370 ($4.94) to GBX 240 ($3.21) and set a "sector perform" rating for the company in a research report on Monday.

Marshalls Stock Down 1.1%

The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19. The firm has a market capitalization of £509.99 million, a P/E ratio of 23.68, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The company's fifty day simple moving average is GBX 267.41 and its 200 day simple moving average is GBX 260.07.

About Marshalls

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls' strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership.