Marks and Spencer Group (OTCMKTS:MAKSY) Cut to “Hold” at Peel Hunt

Peel Hunt lowered shares of Marks and Spencer Group (OTCMKTS:MAKSY) from a strong-buy rating to a hold rating in a report issued on Wednesday morning,Zacks.com reports.

Marks and Spencer Group Stock Down 1.4%

Shares of MAKSY opened at $10.33 on Wednesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.82 and a quick ratio of 0.45. Marks and Spencer Group has a 1-year low of $7.20 and a 1-year high of $11.51. The firm has a 50 day simple moving average of $9.97 and a 200-day simple moving average of $9.51.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. 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.