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

Key Points

• Marshalls plc shares fell by 20.6% during trading, closing at GBX 209.50 ($2.82) after previously being at GBX 264 ($3.55).
• The trading volume surged to approximately 10.4 million shares, representing a 666% increase from the average daily volume of 1.36 million shares.
• Marshalls has a market capitalization of £527 million and a PE ratio of 24.47, indicating its financial metrics amidst the stock price decline.

Marshalls plc (LON:MSLH - Get Free Report)'s share price was down 20.6% during trading on Saturday . The stock traded as low as GBX 197.40 ($2.62) and last traded at GBX 209.50 ($2.78). Approximately 10,387,320 shares changed hands during mid-day trading, an increase of 666% from the average daily volume of 1,356,226 shares. The stock had previously closed at GBX 264 ($3.50).

Analyst Ratings Changes

A number of brokerages have weighed in on MSLH. Peel Hunt reiterated a "buy" rating and issued a GBX 290 ($3.85) price target on shares of Marshalls in a research report on Friday, July 25th. Royal Bank Of Canada reduced their price objective on shares of Marshalls from GBX 370 ($4.91) to GBX 240 ($3.18) and set a "sector perform" rating for the company in a research note on Monday. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 420 ($5.57) price target on shares of Marshalls in a report on Monday. Finally, Berenberg Bank lowered their price objective on shares of Marshalls from GBX 420 ($5.57) to GBX 360 ($4.77) and set a "buy" rating for the company in a research report on Monday.

Marshalls Trading Down 0.5%

The business has a 50 day simple moving average of GBX 264.02 and a 200-day simple moving average of GBX 259.32. The stock has a market capitalization of £510.58 million, a price-to-earnings ratio of 23.71, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19.

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.