Marshalls (LON:MSLH) Stock Price Down 21.8% - Should You Sell?

Key Points

• Marshalls plc's stock price dropped 21.8% in a single trading session, closing at GBX 206.50 ($2.79).
• The trading volume spiked to 15,776,630 shares, an increase of 1,032% from the average volume.
• Marshalls has a market capitalization of £527.00 million and a P/E ratio of 24.47, indicating a significant change in investor sentiment.
• The company operates through three divisions: Landscape Products, Roofing Products, and Building Products, focusing on sustainable solutions for the built environment.

Marshalls plc (LON:MSLH - Get Free Report)'s stock price traded down 21.8% on Friday . The stock traded as low as GBX 197.40 ($2.64) and last traded at GBX 206.50 ($2.76). 15,776,630 shares traded hands during trading, an increase of 1,032% from the average session volume of 1,393,914 shares. The stock had previously closed at GBX 264 ($3.53).

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Peel Hunt restated a "buy" rating and set a GBX 290 ($3.87) price objective on shares of Marshalls in a research report on Friday. Royal Bank Of Canada reduced their price objective on shares of Marshalls from GBX 370 ($4.94) to GBX 240 ($3.21) and set a "sector perform" rating for the company in a research report on Monday. Berenberg Bank reduced their price objective on shares of 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, Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 420 ($5.61) price objective on shares of Marshalls in a research report on Monday.

Marshalls Stock Performance

The firm's fifty day simple moving average is GBX 267.41 and its 200 day simple moving average is GBX 260.07. The company has a market capitalization of £510.65 million, a price-to-earnings ratio of 23.71, a PEG ratio of 0.17 and a beta of 1.26. The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34.

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.