Marshalls (LON:MSLH) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Marshalls plc (LON:MSLHGet Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 271.66 ($3.68) and traded as high as GBX 277.50 ($3.76). Marshalls shares last traded at GBX 276.50 ($3.75), with a volume of 527,349 shares changing hands.

Marshalls Stock Down 2.2%

The stock has a market cap of £680.44 million, a PE ratio of 31.59, a P/E/G ratio of 0.17 and a beta of 1.26. The business has a 50 day moving average of GBX 270.04 and a 200-day moving average of GBX 271.66. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19.

Marshalls (LON:MSLHGet Free Report) last announced its earnings results on Tuesday, March 18th. The company reported GBX 16 ($0.22) earnings per share (EPS) for the quarter. Marshalls had a net margin of 3.46% and a return on equity of 3.32%. Equities research analysts predict that Marshalls plc will post 18.2342758 EPS for the current fiscal year.

Marshalls Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Thursday, June 5th will be paid a dividend of GBX 5.40 ($0.07) per share. This is an increase from Marshalls’s previous dividend of $2.60. The ex-dividend date of this dividend is Thursday, June 5th. This represents a dividend yield of 2.26%. Marshalls’s dividend payout ratio is 93.44%.

Insider Buying and Selling at Marshalls

In other news, insider Simon Bourne sold 14,048 shares of the firm’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of GBX 237 ($3.21), for a total value of £33,293.76 ($45,119.61). Company insiders own 2.73% of the company’s stock.

About Marshalls

(Get Free Report)

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership.

Further Reading

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