Marks Electrical Group (LON:MRK) Reaches New 1-Year Low at $58.00

Marks Electrical Group PLC (LON:MRKGet Free Report)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 58 ($0.78) and last traded at GBX 60 ($0.80), with a volume of 30325 shares. The stock had previously closed at GBX 60 ($0.80).

Marks Electrical Group Price Performance

The company has a debt-to-equity ratio of 8.42, a quick ratio of 0.62 and a current ratio of 1.59. The company has a fifty day moving average price of GBX 62.99 and a two-hundred day moving average price of GBX 67.32. The company has a market cap of £62.81 million, a P/E ratio of 1,613.00 and a beta of 0.73.

Insider Buying and Selling at Marks Electrical Group

In other news, insider Joshua E. T. A. Egan sold 61,279 shares of the company’s stock in a transaction that occurred on Tuesday, July 9th. The stock was sold at an average price of GBX 70 ($0.94), for a total transaction of £42,895.30 ($57,377.34). Corporate insiders own 79.32% of the company’s stock.

About Marks Electrical Group

(Get Free Report)

Marks Electrical Group PLC operates as an electrical retailer in the United Kingdom. It sells, delivers, and installs domestic electrical appliances, consumer electronics, and warranty products. The company was formerly known as Marks Electrical Holding Limited and changed its name to Marks Electrical Group PLC in October 2021.

Further Reading

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