Marshalls (LON:MSLH) Stock Passes Above 200-Day Moving Average of $287.25

Marshalls plc (LON:MSLH)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 287.25 ($3.63) and traded as high as GBX 309.50 ($3.91). Marshalls shares last traded at GBX 309.50 ($3.91), with a volume of 301,136 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 420 ($5.31) target price on shares of Marshalls in a research report on Monday, May 20th.

Marshalls Trading Up 0.3 %

The company has a quick ratio of 1.34, a current ratio of 1.87 and a debt-to-equity ratio of 39.31. The business’s fifty day moving average is GBX 303.21 and its 200-day moving average is GBX 287.25. The stock has a market capitalization of £785.16 million, a PE ratio of 4,421.43, a P/E/G ratio of 0.17 and a beta of 1.15.

Insider Buying and Selling at Marshalls

In other news, insider Matt Pullen bought 13,439 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The shares were acquired at an average cost of GBX 262 ($3.31) per share, with a total value of £35,210.18 ($44,536.02). 2.93% of the stock is owned by company insiders.

About Marshalls

Marshalls plc, together with its subsidiaries, manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally. It offers paving products, such as flag paving, natural stone paving, block paving, permeable paving, tactile paving, accessories, steps, rail products, marker blocks, setts and cobbles, and pedestals; kerbs; and combined kerb and drainage systems, linear drainage systems, below ground drainage, offsite solutions, civils and drainage water management, specialist precast, and precast solutions.