Marshalls (LON:MSLH) Sets New 12-Month Low at $481.60

Marshalls plc (LON:MSLH – Get Rating) reached a new 52-week low on Thursday . The stock traded as low as GBX 481.60 ($5.85) and last traded at GBX 483 ($5.86), with a volume of 5887 shares. The stock had previously closed at GBX 497.40 ($6.04).

Several research firms have weighed in on MSLH. Deutsche Bank Aktiengesellschaft cut shares of Marshalls to a “hold” rating and lowered their price objective for the stock from GBX 885 ($10.74) to GBX 629 ($7.63) in a research report on Friday, May 20th. Berenberg Bank decreased their target price on shares of Marshalls from GBX 790 ($9.59) to GBX 770 ($9.35) and set a “hold” rating for the company in a research note on Tuesday, April 19th. Finally, Shore Capital reissued a “hold” rating on shares of Marshalls in a research note on Friday, May 20th.

The business’s 50 day simple moving average is GBX 576.88 and its 200-day simple moving average is GBX 641.41. The company has a market cap of £1.23 billion and a price-to-earnings ratio of 18.15. The company has a debt-to-equity ratio of 23.91, a quick ratio of 0.92 and a current ratio of 1.75.

In related news, insider Martyn Coffey sold 48,902 shares of Marshalls stock in a transaction on Tuesday, May 10th. The shares were sold at an average price of GBX 593 ($7.20), for a total value of £289,988.86 ($351,970.94).

About Marshalls (LON:MSLH)

Marshalls plc 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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