Insider Buying: Marlowe plc (LON:MRL) Insider Buys 16,556 Shares of Stock

Marlowe plc (LON:MRLGet Rating) insider Charles Skinner acquired 16,556 shares of the firm’s stock in a transaction dated Thursday, November 24th. The shares were purchased at an average cost of GBX 604 ($7.14) per share, for a total transaction of £99,998.24 ($118,243.16).

Marlowe Stock Performance

LON:MRL opened at GBX 576 ($6.81) on Friday. The stock’s fifty day moving average is GBX 754.86 and its 200 day moving average is GBX 775.99. Marlowe plc has a fifty-two week low of GBX 576 ($6.81) and a fifty-two week high of GBX 1,094 ($12.94). The firm has a market capitalization of £552.26 million and a PE ratio of 57,600.00. The company has a debt-to-equity ratio of 36.88, a quick ratio of 0.85 and a current ratio of 1.13.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,160 ($13.72) price objective on shares of Marlowe in a report on Wednesday.

About Marlowe

(Get Rating)

Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk & Compliance; and Testing, Inspection & Certification. It offers health and safety, HR and employment law compliance, occupational health, and risk management software; a range of fire safety and security services; and integrated water treatment, hygiene, testing, monitoring, wastewater, and engineering services.

Further Reading

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