Marshalls (LON:MSLH) Trading Down 20.6% - Should You Sell?

Key Points

• Marshalls plc's stock experienced a significant decline of 20.6%, trading as low as GBX 197.40 ($2.65) after previously closing at GBX 264 ($3.55).
• The company saw a dramatic increase in trading volume, with approximately 10.4 million shares exchanged, a 666% rise from its average daily volume.
• Marshalls has a market capitalization of £527 million and maintains a debt-to-equity ratio of 33.19, indicating liquidity stability despite the stock drop.

Marshalls plc (LON:MSLH - Get Free Report)'s stock price fell 20.6% on Saturday . The company traded as low as GBX 197.40 ($2.64) and last traded at GBX 209.50 ($2.80). 10,387,320 shares were traded during mid-day trading, an increase of 666% from the average session volume of 1,356,226 shares. The stock had previously closed at GBX 264 ($3.53).

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MSLH. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 420 ($5.61) price target on shares of Marshalls in a report on Monday. Royal Bank Of Canada reduced their price target on Marshalls from GBX 370 ($4.94) to GBX 240 ($3.21) and set a "sector perform" rating on the stock in a research report on Monday. Berenberg Bank cut their target price on 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. Finally, Peel Hunt reiterated a "buy" rating and issued a GBX 290 ($3.87) price target on shares of Marshalls in a research note on Friday, July 25th.

Marshalls Trading Down 0.5%

The firm has a market capitalization of £510.58 million, a PE ratio of 23.71, a P/E/G ratio of 0.17 and a beta of 1.26. The company's fifty day simple moving average is GBX 265.64 and its 200-day simple moving average is GBX 259.72. The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34.

Marshalls Company Profile

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.