Marlowe (LON:MRL) Stock Passes Below 50-Day Moving Average – What’s Next?

Marlowe plc (LON:MRL)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 329.99 ($4.25) and traded as low as GBX 323 ($4.16). Marlowe shares last traded at GBX 328.52 ($4.23), with a volume of 875,234 shares trading hands.

Marlowe Trading Up 0.2 %

The firm has a market capitalization of £262.88 million, a P/E ratio of -30.55 and a beta of 0.44. The company has a debt-to-equity ratio of 58.99, a quick ratio of 0.80 and a current ratio of 1.24. The firm has a 50 day simple moving average of GBX 329.99 and a two-hundred day simple moving average of GBX 340.92.

Marlowe Company Profile

Marlowe is a leader in business-critical services and software which assure regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services and software. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services – all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation.