Marshalls (LON:MSLH) Trading Down 18.8% - What's Next?

Key Points

• Marshalls plc shares plummeted by 18.8% during mid-day trading, with the stock trading as low as GBX 197.40 ($2.67) before last trading at GBX 214.46 ($2.90).
• In addition to the recent drop, the stock has declined by 22.5% overall, and trading volume surged to about 9.56 million shares, up 608% from its average volume.
• Marshalls, a leading UK manufacturer focused on sustainable solutions for the built environment, has a market capitalization of £514.42 million and key financial ratios indicating a healthy liquidity position.

Shares of Marshalls plc (LON:MSLH - ) were down 18.8% during mid-day trading on Friday . The company traded as low as GBX 197.40 ($2.67) and last traded at GBX 214.46 ($2.90). Approximately 9,562,578 shares traded hands during mid-day trading, an increase of 608% from the average daily volume of 1,350,459 shares. The stock had previously closed at GBX 264 ($3.57).

Marshalls Stock Down 22.5%

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 business has a 50-day moving average price of GBX 270.73 and a 200-day moving average price of GBX 261.06. The firm has a market capitalization of £514.42 million, a PE ratio of 23.88, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26.

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.

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