Marks and Spencer Group’s (MKS) House Stock Rating Reiterated at Shore Capital

Shore Capital restated their house stock rating on shares of Marks and Spencer Group (LON:MKS) in a research note released on Wednesday, MarketBeat.com reports.

Marks and Spencer Group Price Performance

Shares of MKS stock opened at GBX 397.70 ($5.02) on Wednesday. The firm’s 50 day moving average price is GBX 380.85 and its two-hundred day moving average price is GBX 341.78. The company has a debt-to-equity ratio of 110.71, a quick ratio of 0.42 and a current ratio of 0.86. Marks and Spencer Group has a 52-week low of GBX 229.60 ($2.90) and a 52-week high of GBX 415.30 ($5.24). The stock has a market cap of £8.03 billion, a PE ratio of 1,893.81, a PEG ratio of 0.20 and a beta of 1.62.

Marks and Spencer Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be issued a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, November 28th. This represents a yield of 0.26%. Marks and Spencer Group’s dividend payout ratio is presently 1,428.57%.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through: UK Clothing & Home, UK Food, International, Ocado, and All Other segments. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move’ products.