Marshalls (LON:MSLH) Shares Down 20.6% - Time to Sell?

Key Points

• Marshalls plc shares experienced a significant drop of 20.6%, trading as low as GBX 197.40 ($2.65), after closing at GBX 264 ($3.55).
• Trading volume surged to over 10 million shares, a 666% increase compared to the average volume of about 1.4 million shares.
• The company's market capitalization stands at £527 million, with a P/E ratio of 24.47 and a debt-to-equity ratio of 33.19.

Shares of Marshalls plc (LON:MSLH - Get Free Report) fell 20.6% on Saturday . The stock traded as low as GBX 197.40 ($2.64) and last traded at GBX 209.50 ($2.80). 10,387,320 shares traded hands 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 equities research analysts recently commented on MSLH shares. Peel Hunt reiterated a "buy" rating and set a GBX 290 ($3.87) price target on shares of Marshalls in a report on Friday, July 25th. Royal Bank Of Canada decreased their price objective 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 report on Monday. Berenberg Bank decreased 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 report on Monday. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 420 ($5.61) price objective on shares of Marshalls in a report on Monday.

Marshalls Stock Performance

The business's fifty day moving average is GBX 265.64 and its two-hundred day moving average is GBX 259.72. The company has a quick ratio of 1.34, a current ratio of 1.86 and a debt-to-equity ratio of 33.19. The stock has a market capitalization of £510.58 million, a PE ratio of 23.71, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26.

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.