Macfarlane Group’s (MACF) House Stock Rating Reaffirmed at Shore Capital

Macfarlane Group (LON:MACFGet Rating)‘s stock had its “house stock” rating reaffirmed by research analysts at Shore Capital in a note issued to investors on Thursday, Digital Look reports.

Macfarlane Group Stock Down 0.0 %

MACF stock opened at GBX 107.98 ($1.30) on Thursday. The company has a current ratio of 1.08, a quick ratio of 0.79 and a debt-to-equity ratio of 51.75. Macfarlane Group has a 1 year low of GBX 99.63 ($1.20) and a 1 year high of GBX 146 ($1.76). The company has a fifty day simple moving average of GBX 114.16 and a 200 day simple moving average of GBX 120.19. The firm has a market cap of £170.97 million and a PE ratio of 1,199.78.

Insider Activity at Macfarlane Group

In other news, insider Ivor Gray bought 18,654 shares of the company’s stock in a transaction that occurred on Wednesday, September 7th. The shares were purchased at an average price of GBX 107 ($1.29) per share, for a total transaction of £19,959.78 ($24,117.67).

Macfarlane Group Company Profile

(Get Rating)

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials; and supplies storage and warehousing services in the United Kingdom, Ireland, and Europe.

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