Marks Electrical Group (LON:MRK) Sets New 1-Year Low – Here’s What Happened

Marks Electrical Group PLC (LON:MRKGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 49 ($0.63) and last traded at GBX 50 ($0.64), with a volume of 262959 shares trading hands. The stock had previously closed at GBX 58.50 ($0.75).

Marks Electrical Group Price Performance

The company has a current ratio of 1.59, a quick ratio of 0.62 and a debt-to-equity ratio of 8.42. The firm has a market capitalization of £52.87 million, a PE ratio of 1,613.00 and a beta of 0.73. The business has a 50-day moving average of GBX 59.16 and a 200 day moving average of GBX 64.75.

Marks Electrical Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, November 28th will be given a dividend of GBX 0.30 ($0.00) per share. This represents a dividend yield of 0.51%. The ex-dividend date of this dividend is Thursday, November 28th.

About Marks Electrical Group

(Get Free Report)

Marks Electrical Group PLC, together with its subsidiary, engages in the supply of domestic electrical appliances and consumer electronics in the United Kingdom. The company also provides removal and recycling of packaging; collection and recycling of old appliances; and extended warranties and installation services.

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