Marshalls (LON:MSLH) Reaches New 52-Week Low on Analyst Downgrade

Shares of Marshalls plc (LON:MSLH) hit a new 52-week low during mid-day trading on Tuesday after Royal Bank Of Canada lowered their price target on the stock from GBX 240 to GBX 195. Royal Bank Of Canada currently has a sector perform rating on the stock. Marshalls traded as low as GBX 159.20 and last traded at GBX 159.40, with a volume of 2257822 shares trading hands. The stock had previously closed at GBX 167.20.

Insider Buying and Selling at Marshalls

In other news, insider Simon Bourne bought 40,000 shares of the stock in a transaction dated Monday, December 8th. The stock was purchased at an average price of GBX 172 per share, for a total transaction of £68,800. Corporate insiders own 1.05% of the company’s stock.

Marshalls Price Performance

The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19. The stock has a market capitalization of £403.05 million, a P/E ratio of 16.96, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The stock has a 50 day moving average of GBX 176.15 and a 200-day moving average of GBX 187.52.

Marshalls Company Profile

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. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.