Melrose Industries (LON:MRO - Get Free Report) posted its earnings results on Friday. The company reported GBX 15.20 ($0.20) EPS for the quarter, Digital Look Earnings reports. Melrose Industries had a negative net margin of 1.13% and a negative return on equity of 1.18%.
Melrose Industries Stock Performance
MRO traded up GBX 25.60 ($0.34) on Friday, reaching GBX 537.80 ($7.10). 5,688,758 shares of the stock were exchanged, compared to its average volume of 11,130,960. The company's 50-day moving average price is GBX 503.82 and its 200 day moving average price is GBX 514.66. The company has a debt-to-equity ratio of 44.03, a current ratio of 0.86 and a quick ratio of 0.45. The firm has a market capitalization of £6.95 billion, a PE ratio of -181.89, a PEG ratio of 0.48 and a beta of 1.51. Melrose Industries has a fifty-two week low of GBX 376 ($4.97) and a fifty-two week high of GBX 682.60 ($9.02).
Insider Activity
In other Melrose Industries news, insider Alison Goligher purchased 20,000 shares of the business's stock in a transaction that occurred on Friday, May 23rd. The shares were bought at an average price of GBX 462 ($6.10) per share, for a total transaction of £92,400 ($122,060.77). 1.00% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 600 ($7.93) price target on shares of Melrose Industries in a research note on Wednesday, July 2nd.
View Our Latest Analysis on MRO
Melrose Industries Company Profile
(
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Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.
Further Reading

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