Marshalls (LON:MSLH) Hits New 52-Week Low – Here’s Why

Marshalls plc (LON:MSLH)’s share price reached a new 52-week low during trading on Friday . The company traded as low as GBX 140.80 and last traded at GBX 142.80, with a volume of 1465784 shares. The stock had previously closed at GBX 143.80.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada decreased their price target on Marshalls from GBX 240 to GBX 195 and set a “sector perform” rating for the company in a research note on Tuesday, January 20th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 316.25.

Marshalls Stock Performance

The company has a market cap of £361.07 million, a P/E ratio of 15.19, a P/E/G ratio of 0.17 and a beta of 1.30. The company has a quick ratio of 1.34, a current ratio of 1.73 and a debt-to-equity ratio of 31.11. The business has a fifty day simple moving average of GBX 167.92 and a two-hundred day simple moving average of GBX 172.11.

Insider Buying and Selling at Marshalls

In other Marshalls news, insider Justin Lockwood acquired 260,000 shares of the stock in a transaction dated Friday, February 13th. The shares were purchased at an average price of GBX 181 per share, for a total transaction of £470,600. 1.17% of the stock is owned by company insiders.

About Marshalls

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.