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

Key Points

• Marshalls plc shares experienced a significant decline of 20.6%, trading as low as GBX 197.40 during mid-day trading.
• Increased trading activity was noted with 10,387,305 shares changing hands, marking a 666% increase from the average session volume.
• The company has a market capitalization of £527 million and a price-to-earnings ratio of 24.47.
• Marshalls plc operates through three divisions: Landscape Products, Roofing Products, and Building Products, focusing on sustainable solutions for the built environment.

Shares of Marshalls plc (LON:MSLH - Get Free Report) dropped 20.6% on Friday . The company traded as low as GBX 197.40 ($2.64) and last traded at GBX 209.50 ($2.80). Approximately 10,387,320 shares were traded 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 ($3.53).

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MSLH. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 420 ($5.61) price objective on shares of Marshalls in a research note on Monday. Royal Bank Of Canada cut their target price on Marshalls from GBX 370 ($4.94) to GBX 240 ($3.21) and set a "sector perform" rating on the stock in a research note on Monday. Berenberg Bank decreased their price target 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 reaffirmed a "buy" rating and issued a GBX 290 ($3.87) price objective on shares of Marshalls in a research report on Friday.

Marshalls Stock Down 1.0%

The stock has a market capitalization of £510.65 million, a price-to-earnings ratio of 23.71, a P/E/G ratio of 0.17 and a beta of 1.26. The business has a 50-day moving average of GBX 265.64 and a 200-day moving average of GBX 259.72. The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86.

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.