Marshalls (LON:MSLH) Reaches New 12-Month Low on Analyst Downgrade

Marshalls plc (LON:MSLH)’s share price reached a new 52-week low during 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. The stock had previously closed at GBX 167.20.

Insider Activity

In related news, insider Simon Bourne acquired 40,000 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was bought at an average cost of GBX 172 per share, for a total transaction of £68,800. Company insiders own 1.05% of the company’s stock.

Marshalls Stock Performance

The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86. The company has a market capitalization of £403.05 million, a P/E ratio of 16.96, a P/E/G ratio of 0.17 and a beta of 1.26. The business’s fifty day simple moving average is GBX 176.15 and its 200-day simple moving average is GBX 187.52.

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.