Marshalls (LON:MSLH) Reaches New 1-Year Low – Here’s Why

Marshalls plc (LON:MSLH)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 231.50 ($2.94) and last traded at GBX 233 ($2.96), with a volume of 9141645 shares changing hands. The stock had previously closed at GBX 245.50 ($3.12).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 420 ($5.34) price target on shares of Marshalls in a report on Wednesday, January 22nd.

Marshalls Price Performance

The business has a fifty day simple moving average of GBX 260.17 and a two-hundred day simple moving average of GBX 304.80. 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 cap of £587.37 million, a PE ratio of 27.27, a P/E/G ratio of 0.17 and a beta of 1.26.

Insiders Place Their Bets

In related news, insider Justin Lockwood purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were purchased at an average cost of GBX 232 ($2.95) per share, with a total value of £11,600 ($14,741.39). Also, insider Vanda Murray purchased 4,000 shares of the company’s stock in a transaction dated Wednesday, January 29th. The stock was bought at an average cost of GBX 248 ($3.15) per share, for a total transaction of £9,920 ($12,606.43). Company insiders own 2.73% of the company’s stock.

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.