Marshalls (LON:MSLH) Shares Pass Above 200-Day Moving Average of $280.83

Marshalls plc (LON:MSLHGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 280.83 ($3.58) and traded as high as GBX 314 ($4.00). Marshalls shares last traded at GBX 305 ($3.88), with a volume of 299,763 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 420 ($5.35) target price on shares of Marshalls in a research report on Monday, May 20th.

Read Our Latest Analysis on MSLH

Marshalls Price Performance

The company has a current ratio of 1.87, a quick ratio of 1.34 and a debt-to-equity ratio of 39.31. The firm has a market cap of £771.25 million, a price-to-earnings ratio of 4,357.14, a price-to-earnings-growth ratio of 0.17 and a beta of 1.15. The company’s 50-day moving average is GBX 290.85 and its 200-day moving average is GBX 280.83.

Marshalls Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, July 1st. Investors of record on Thursday, June 6th will be given a dividend of GBX 5.70 ($0.07) per share. This is a positive change from Marshalls’s previous dividend of $2.60. The ex-dividend date is Thursday, June 6th. This represents a dividend yield of 1.96%. Marshalls’s dividend payout ratio (DPR) is currently 11,428.57%.

Insider Buying and Selling

In related news, insider Simon Bourne sold 6,580 shares of the stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of GBX 280 ($3.57), for a total transaction of £18,424 ($23,461.10). In related news, insider Matt Pullen acquired 13,439 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was acquired at an average price of GBX 262 ($3.34) per share, with a total value of £35,210.18 ($44,836.60). Also, insider Simon Bourne sold 6,580 shares of the stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of GBX 280 ($3.57), for a total transaction of £18,424 ($23,461.10). 2.93% of the stock is currently owned by company insiders.

About Marshalls

(Get Free Report)

Marshalls plc, together with its subsidiaries, manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally. It offers paving products, such as flag paving, natural stone paving, block paving, permeable paving, tactile paving, accessories, steps, rail products, marker blocks, setts and cobbles, and pedestals; kerbs; and combined kerb and drainage systems, linear drainage systems, below ground drainage, offsite solutions, civils and drainage water management, specialist precast, and precast solutions.

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