Shares of Marshalls plc (LON:MSLH – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 258.17 ($3.31) and traded as high as GBX 311.20 ($3.99). Marshalls shares last traded at GBX 302.40 ($3.87), with a volume of 307,850 shares trading hands.
Separately, Berenberg Bank upgraded shares of Marshalls to a “buy” rating and lifted their price objective for the company from GBX 320 ($4.10) to GBX 420 ($5.38) in a report on Wednesday, January 31st.
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The company has a current ratio of 2.09, a quick ratio of 1.34 and a debt-to-equity ratio of 43.40. The company has a market cap of £764.98 million, a price-to-earnings ratio of 3,360.00, a PEG ratio of 0.17 and a beta of 1.17. The firm’s fifty day simple moving average is GBX 283.31 and its 200 day simple moving average is GBX 258.17.
Marshalls plc, together with its subsidiaries, manufactures and supplies hard landscaping products in the United Kingdom and internationally. It offers interior, garden, and driveways products, including garden paving, driveways, garden paths, kerbs and edging products, and garden walling products; artificial grass; garden and driveway design tools; and stone products.
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