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

Key Points

• Marshalls plc's stock price fell by 20.6%, trading as low as GBX 197.40 ($2.65) on Saturday, with an increased trading volume of 10,387,320 shares.
• The company's market capitalization stands at £527 million with a price-to-earnings ratio of 24.47 and a PEG ratio of 0.17.
• Marshalls operates in sustainable solutions for the built environment across three divisions: Landscape Products, Roofing Products, and Building Products.

Marshalls plc (LON:MSLH - Get Free Report) traded down 20.6% on Saturday . The stock traded as low as GBX 197.40 ($2.62) and last traded at GBX 209.50 ($2.78). 10,387,320 shares changed hands during trading, an increase of 666% from the average session volume of 1,356,226 shares. The stock had previously closed at GBX 264 ($3.50).

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Peel Hunt reaffirmed a "buy" rating and set a GBX 290 ($3.85) target price on shares of Marshalls in a research report on Friday, July 25th. Royal Bank Of Canada lowered their target price on Marshalls from GBX 370 ($4.91) to GBX 240 ($3.18) and set a "sector perform" rating for the company in a research report on Monday. Berenberg Bank lowered their target price on Marshalls from GBX 420 ($5.57) to GBX 360 ($4.77) and set a "buy" rating for the company in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 420 ($5.57) target price on shares of Marshalls in a research report on Monday.

Marshalls Trading Down 0.5%

The stock has a market cap of £510.58 million, a PE ratio of 23.71, a P/E/G ratio of 0.17 and a beta of 1.26. The firm has a 50-day simple moving average of GBX 264.02 and a 200-day simple moving average of GBX 259.32. The company has a quick ratio of 1.34, a current ratio of 1.86 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.