Marshalls (LON:MSLH) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Marshalls plc (LON:MSLH)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 149.48 and traded as high as GBX 176.80. Marshalls shares last traded at GBX 174.87, with a volume of 754,199 shares.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada cut their price target on shares of Marshalls from GBX 195 to GBX 170 and set a “sector perform” rating for the company in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 265.

Marshalls Stock Up 0.3%

The business has a 50-day simple moving average of GBX 147.06 and a two-hundred day simple moving average of GBX 149.48. The stock has a market capitalization of £444.01 million, a P/E ratio of 31.35, a PEG ratio of 0.17 and a beta of 1.27. The company has a quick ratio of 1.34, a current ratio of 1.78 and a debt-to-equity ratio of 27.74.

Insider Activity

In other news, insider Paul Inman bought 3,940 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average price of GBX 125 per share, for a total transaction of £4,925. Also, insider Justin Lockwood purchased 547,000 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The shares were purchased at an average cost of GBX 151 per share, with a total value of £825,970. In the last quarter, insiders have bought 568,762 shares of company stock worth $85,342,894. Corporate insiders own 1.10% of the company’s stock.

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.