Marshalls (LON:MSLH) Shares Down 20.6% - Here's What Happened

Key Points

• Marshalls plc experienced a significant drop in share price, down 20.6% on Friday, closing at GBX 209.50 ($2.82).
• An unusually high trading volume of approximately 10.4 million shares was reported, marking a 666% increase compared to the average daily volume.
• The company's debt-to-equity ratio stands at 33.19, indicating a stable financial position amidst the stock price decline.

Marshalls plc (LON:MSLH - Get Free Report) dropped 20.6% on Friday . The company traded as low as GBX 197.40 ($2.65) and last traded at GBX 209.50 ($2.82). 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 ($3.55).

Marshalls Stock Performance

The stock has a market cap of £527.00 million, a P/E ratio of 24.47, a P/E/G 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 business's 50-day moving average price is GBX 269.11 and its 200-day moving average price is GBX 260.56.

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.