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

Key Points

• Marshalls plc shares fell by 20.6% during trading, reaching a low of GBX 197.40 ($2.65) before recovering slightly to GBX 209.50 ($2.82).
• The surge in trading volume was notable, with 10,387,320 shares traded, a 666% increase from the average session volume of 1,356,226 shares.
• The company's market capitalization stands at £527 million, with a debt-to-equity ratio of 33.19, indicating comparatively low financial leverage.

Marshalls plc (LON:MSLH - Get Free Report) was down 20.6% on Saturday . The stock traded as low as GBX 197.40 ($2.64) and last traded at GBX 209.50 ($2.80). Approximately 10,387,320 shares traded hands during 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).

Wall Street Analyst Weigh In

Several research firms have commented on MSLH. Berenberg Bank dropped their target price on Marshalls from GBX 420 ($5.61) to GBX 360 ($4.81) and set a "buy" rating on the stock in a report on Monday. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 420 ($5.61) price target on shares of Marshalls in a research note on Monday. Peel Hunt restated a "buy" rating and issued a GBX 290 ($3.87) price target on shares of Marshalls in a research note on Friday. Finally, Royal Bank Of Canada decreased their price target on Marshalls from GBX 370 ($4.94) to GBX 240 ($3.21) and set a "sector perform" rating for the company in a research note on Monday.

Marshalls Price Performance

The firm has a market capitalization of £509.99 million, a P/E ratio of 23.68, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The firm has a 50 day moving average price of GBX 267.41 and a 200-day moving average price of GBX 260.07. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19.

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.