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

Key Points

• Marshalls plc's share price saw a significant drop of 20.6% during mid-day trading, indicating heightened volatility with trading activity up 666% compared to its average daily volume.
• The stock traded as low as GBX 197.40 ($2.65) before last trading at GBX 209.50 ($2.82), after previously closing at GBX 264 ($3.55).
• Despite the recent downturn, Marshalls has a market cap of £527 million and demonstrates solid financial ratios including a current ratio of 1.86 and a low debt-to-equity ratio of 33.19.

Marshalls plc (LON:MSLH - ) shares were down 20.6% during mid-day trading on Saturday . 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 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 ($3.55).

Marshalls Price Performance

The company has a fifty day moving average of GBX 269.11 and a 200-day moving average of GBX 260.56. The stock has a market cap of £527.00 million, a PE ratio of 24.47, a P/E/G ratio of 0.17 and a beta of 1.26. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19.

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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