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

Key Points

• Marshalls plc's shares fell by 20.6% to GBX 209.50 ($2.82) after trading as low as GBX 197.40 ($2.65), marking a significant drop from its previous close of GBX 264 ($3.55).
• Trading volume surged to approximately 10.4 million shares, an increase of 666% compared to the average daily volume of 1.4 million shares.
• With a market capitalization of £527 million, Marshalls has a PE ratio of 24.47 and a PEG ratio of 0.17, indicating potential shifts in financial health amid its trading decline.

Marshalls plc (LON:MSLH - Get Free Report)'s stock price dropped 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 traded 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).

Wall Street Analysts Forecast Growth

MSLH has been the subject of several research reports. Royal Bank Of Canada reduced their target price on Marshalls from GBX 370 ($4.94) to GBX 240 ($3.21) and set a "sector perform" rating for the company in a report on Monday. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 420 ($5.61) price objective on shares of Marshalls in a research note on Monday. Berenberg Bank dropped their price target on 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. Finally, Peel Hunt restated a "buy" rating and set a GBX 290 ($3.87) price objective on shares of Marshalls in a report on Friday.

Marshalls Stock Performance

The company has a market cap of £510.65 million, a P/E ratio of 23.71, a P/E/G ratio of 0.17 and a beta of 1.26. The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86. The stock's fifty day moving average price is GBX 265.64 and its two-hundred day moving average price is 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.