Peter M. R. Gaze Purchases 15,000 Shares of Marlowe plc (LON:MRL) Stock

Marlowe plc (LON:MRL) insider Peter M. R. Gaze bought 15,000 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average price of GBX 309 ($4.14) per share, with a total value of £46,350 ($62,064.81).

Marlowe Price Performance

MRL stock traded up GBX 6 ($0.08) during mid-day trading on Monday, hitting GBX 321 ($4.30). The stock had a trading volume of 2,521,703 shares, compared to its average volume of 613,450. The firm has a fifty day simple moving average of GBX 438.78 and a 200 day simple moving average of GBX 483.60. The firm has a market capitalization of £282.48 million, a P/E ratio of -2,236.05 and a beta of 0.44. The company has a current ratio of 1.24, a quick ratio of 0.80 and a debt-to-equity ratio of 58.99. Marlowe plc has a 52 week low of GBX 220 ($2.95) and a 52 week high of GBX 620 ($8.30).

Wall Street Analyst Weigh In

MRL has been the topic of several research analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 690 ($9.24) price objective on shares of Marlowe in a research report on Thursday, August 1st. Berenberg Bank reissued a “buy” rating and issued a GBX 710 ($9.51) price target on shares of Marlowe in a report on Wednesday, August 21st.

About Marlowe

Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk and Compliance; and Testing, and Inspection and Certification. It offers health and safety consultancy, risk and audit assessments, environmental, contractor management, and training services; and health and safety support services.