Insider Selling: Macfarlane Group (LON:MACF) Insider Sells 19,680 Shares of Stock

Macfarlane Group PLC (LON:MACF) insider Ivor Gray sold 19,680 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of GBX 6, for a total value of £1,180.80.

Macfarlane Group Stock Performance

Shares of Macfarlane Group stock opened at GBX 64.60 on Thursday. The business’s 50 day moving average price is GBX 69.98 and its 200 day moving average price is GBX 74.69. The company has a market cap of £101.10 million, a price-to-earnings ratio of 8.58 and a beta of 0.59. The company has a debt-to-equity ratio of 114.70, a quick ratio of 0.79 and a current ratio of 0.98. Macfarlane Group PLC has a one year low of GBX 59.80 and a one year high of GBX 122.

Macfarlane Group (LON:MACF) last issued its earnings results on Thursday, February 26th. The company reported GBX 3.99 earnings per share (EPS) for the quarter. Macfarlane Group had a return on equity of 5.20% and a net margin of 2.10%. On average, research analysts predict that Macfarlane Group PLC will post 7.4677529 EPS for the current year.

About Macfarlane Group

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe. The Manufacturing Operations segment designs, manufactures, and assembles timber, corrugated, and foam-based packaging materials in the United Kingdom.