Macfarlane Group (LON:MACF) Posts Earnings Results

Macfarlane Group (LON:MACF) issued its earnings results on Thursday. The company reported GBX 9.76 ($0.12) earnings per share for the quarter, Digital Look Earnings reports. Macfarlane Group had a return on equity of 12.67% and a net margin of 5.47%.

Macfarlane Group Stock Performance

LON:MACF opened at GBX 103 ($1.30) on Friday. The firm’s fifty day simple moving average is GBX 107.33 and its 200 day simple moving average is GBX 110.98. The firm has a market capitalization of £162.85 million, a price-to-earnings ratio of 11.04 and a beta of 0.68. Macfarlane Group has a twelve month low of GBX 100.75 ($1.27) and a twelve month high of GBX 147.50 ($1.86). The company has a current ratio of 1.20, a quick ratio of 0.79 and a debt-to-equity ratio of 44.58.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Macfarlane Group in a research note on Friday, November 29th.

Macfarlane Group Company Profile

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe.