Marlowe - MRL Share Forecast, Price & News

Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk & Compliance; and Testing, Inspection & Certification. It offers health and safety, HR and employment law compliance, occupational health, and risk management software; a range of fire safety and security services; and integrated water treatment, hygiene, testing, monitoring, wastewater, and engineering services. The company is also involved in the provision of testing, inspection and risk assessment, ventilation hygiene compliance, ductwork management and fire safety, extract cleaning, asbestos consultancy, air monitoring and clearance testing, and bulk identification and sampling services. Its customers include office complexes, streets, leisure facilities, manufacturing plants and industrial estates, SMEs, local corporates and authorities, other facilities, property management providers, NHS trusts, and FTSE companies. Marlowe plc was formerly known as Marlowe Holdings Limited. The company was founded in 2015 and is headquartered in London, the United Kingdom.

Marlowe Stock Down 0.7 %

Shares of MRL traded down GBX 5.18 ($0.06) during midday trading on Thursday, hitting GBX 732.82 ($8.85). 208,147 shares of the company's stock traded hands, compared to its average volume of 270,005. Marlowe has a 1 year low of GBX 732 ($8.84) and a 1 year high of GBX 1,094 ($13.22). The firm's fifty day moving average is GBX 789.42 and its 200-day moving average is GBX 835.69. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 36.88. The stock has a market capitalization of £702.61 million and a price-to-earnings ratio of 73,281.70.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 1,160 ($14.02) price objective on shares of Marlowe in a report on Tuesday, June 28th.

Insider Buying and Selling

In other news, insider Rachel Addison bought 12,922 shares of Marlowe stock in a transaction that occurred on Thursday, July 7th. The stock was bought at an average price of GBX 770 ($9.30) per share, for a total transaction of £99,499.40 ($120,226.44). In other news, insider Rachel Addison bought 12,922 shares of Marlowe stock in a transaction that occurred on Thursday, July 7th. The stock was bought at an average price of GBX 770 ($9.30) per share, for a total transaction of £99,499.40 ($120,226.44). Also, insider Adam Councell bought 6,300 shares of Marlowe stock in a transaction that occurred on Monday, July 4th. The stock was purchased at an average price of GBX 780 ($9.42) per share, with a total value of £49,140 ($59,376.51).