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Marshalls (LON:MSLH) Shares Pass Above 200 Day Moving Average - Here's Why

Marshalls logo with Basic Materials background

Marshalls plc (LON:MSLH - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 276.10 ($3.69) and traded as high as GBX 290 ($3.87). Marshalls shares last traded at GBX 290 ($3.87), with a volume of 600,233 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 420 ($5.61) target price on shares of Marshalls in a report on Wednesday, January 22nd.

View Our Latest Stock Analysis on Marshalls

Marshalls Stock Performance

The firm has a market capitalization of £729.50 million, a P/E ratio of 33.87, a P/E/G ratio of 0.17 and a beta of 1.26. The stock has a fifty day simple moving average of GBX 260.89 and a two-hundred day simple moving average of GBX 276.10. 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 (LON:MSLH - Get Free Report) last issued its earnings results on Tuesday, March 18th. The company reported GBX 16 ($0.21) earnings per share for the quarter. Marshalls had a return on equity of 3.32% and a net margin of 3.46%. On average, research analysts predict that Marshalls plc will post 18.2342758 EPS for the current year.

Marshalls Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Thursday, June 5th will be issued a GBX 5.40 ($0.07) dividend. This is an increase from Marshalls's previous dividend of $2.60. This represents a yield of 2.26%. The ex-dividend date is Thursday, June 5th. Marshalls's payout ratio is presently 93.44%.

Insiders Place Their Bets

In other news, insider Simon Bourne sold 14,048 shares of the business's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of GBX 237 ($3.17), for a total transaction of £33,293.76 ($44,468.76). 2.73% of the stock is currently owned by corporate insiders.

About Marshalls

(Get Free Report)

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.

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