Marshalls (LON:MSLH) Shares Down 20.5% - Here's Why

Key Points

• Marshalls plc's shares fell 20.5% during trading, hitting a low of GBX 197.40 and closing at GBX 210, significantly below the previous close of GBX 264.
• The company's market capitalization is approximately £514.42 million, with a PE ratio of 23.88 and a high trading volume of over 8 million shares.
• Marshalls is a major UK manufacturer focused on sustainable solutions in the built environment, operating through divisions including Landscape Products, Roofing Products, and Building Products.

Marshalls plc (LON:MSLH - )'s stock price was down 20.5% during mid-day trading on Friday . The company traded as low as GBX 197.40 ($2.67) and last traded at GBX 210 ($2.84). Approximately 8,264,580 shares traded hands during mid-day trading, an increase of 516% from the average daily volume of 1,341,382 shares. The stock had previously closed at GBX 264 ($3.57).

Marshalls Stock Performance

The company has a market capitalization of £514.42 million, a PE ratio of 23.88, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86. The stock's fifty day simple moving average is GBX 270.73 and its 200-day simple moving average is GBX 261.06.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.