Murray International (LON:MYI) Sets New 52-Week High - Time to Buy?

Key Points

• Murray International reached a new 52-week high, trading as high as GBX 305 ($4.12) before closing at GBX 302 ($4.08).
• The company reported a 90.03% net margin and a return on equity of 10.98% in its recent quarterly earnings.
• With a market cap of £1.79 billion, Murray International has a high price-to-earnings ratio of 1,346.24, indicating significant valuation concerns.

Murray International (LON:MYI - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 305 ($4.12) and last traded at GBX 302 ($4.08), with a volume of 896697 shares trading hands. The stock had previously closed at GBX 303 ($4.10).

Murray International Trading Up 0.3%

The business has a 50 day simple moving average of GBX 292.66 and a two-hundred day simple moving average of GBX 277.17. The company has a current ratio of 11.36, a quick ratio of 0.70 and a debt-to-equity ratio of 6.48. The stock has a market cap of £1.79 billion, a price-to-earnings ratio of 1,346.24 and a beta of 0.79.

Murray International (LON:MYI - Get Free Report) last issued its quarterly earnings data on Friday, August 15th. The company reported GBX 7.57 earnings per share for the quarter. Murray International had a return on equity of 10.98% and a net margin of 90.03%.

Murray International Company Profile

A high conviction global portfolio built with the potential to grow capital and deliver a strong and rising income

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