Marks and Spencer Group (OTCMKTS:MAKSY) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Marks and Spencer Group plc (OTCMKTS:MAKSYGet Free Report)’s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $9.26 and traded as low as $8.21. Marks and Spencer Group shares last traded at $8.31, with a volume of 46,832 shares changing hands.

Marks and Spencer Group Price Performance

The firm has a 50-day moving average of $9.26 and a 200-day moving average of $9.31. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.45 and a current ratio of 0.82.

Marks and Spencer Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, November 29th were given a dividend of $0.0258 per share. The ex-dividend date of this dividend was Friday, November 29th.

Marks and Spencer Group Company Profile

(Get Free Report)

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.

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