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

Key Points

• Marshalls plc shares experienced a significant decline of 20.6%, closing at GBX 209.50 ($2.82) after trading as low as GBX 197.40 ($2.65).
• The stock trading volume surged to approximately 10.39 million shares, reflecting a 666% increase compared to its average daily volume.
• Marshalls has a market capitalization of £527 million and operates primarily in the sustainable solutions sector with three main divisions: Landscape Products, Roofing Products, and Building Products.

Marshalls plc (LON:MSLH - Get Free Report)'s share price was down 20.6% during mid-day trading on Saturday . 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 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 ($3.53).

Analysts Set New Price Targets

A number of brokerages recently issued reports on MSLH. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 420 ($5.61) price target on shares of Marshalls in a research report on Monday. Berenberg Bank dropped their price target on shares of Marshalls from GBX 420 ($5.61) to GBX 360 ($4.81) and set a "buy" rating for the company in a research report on Monday. Peel Hunt restated a "buy" rating and set a GBX 290 ($3.87) target price on shares of Marshalls in a research report on Friday, July 25th. Finally, Royal Bank Of Canada decreased their price target on shares of 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.

Marshalls Stock Down 0.5%

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 quick ratio of 1.34, a current ratio of 1.86 and a debt-to-equity ratio of 33.19. The firm has a 50-day moving average of GBX 265.64 and a two-hundred day moving average of GBX 259.72.

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.