Marshalls (LON:MSLH) Reaches New 1-Year Low – Here’s Why

Shares of Marshalls plc (LON:MSLH) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 231.50 ($2.94) and last traded at GBX 233 ($2.96), with a volume of 9141645 shares trading hands. The stock had previously closed at GBX 245.50 ($3.12).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 420 ($5.34) price objective on shares of Marshalls in a research report on Wednesday, January 22nd.

Marshalls Stock Performance

The firm has a market capitalization of £587.37 million, a PE ratio of 27.27, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19. The business’s 50 day simple moving average is GBX 260.17 and its two-hundred day simple moving average is GBX 304.80.

Insider Buying and Selling at Marshalls

In related news, insider Vanda Murray acquired 4,000 shares of Marshalls stock in a transaction dated Wednesday, January 29th. The stock was purchased at an average cost of GBX 248 ($3.15) per share, for a total transaction of £9,920 ($12,606.43). Also, insider Justin Lockwood acquired 5,000 shares of Marshalls stock in a transaction dated Tuesday, January 21st. The stock was bought at an average price of GBX 232 ($2.95) per share, with a total value of £11,600 ($14,741.39). Company insiders own 2.73% of the company’s stock.

Marshalls Company Profile

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership.