Shares of Marlowe plc (LON:MRL - Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 393.51 ($5.10) and traded as low as GBX 326 ($4.23). Marlowe shares last traded at GBX 333 ($4.32), with a volume of 776,233 shares traded.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on MRL shares. Royal Bank of Canada reiterated an "outperform" rating and issued a GBX 690 ($8.95) price target on shares of Marlowe in a research note on Thursday, August 1st. Berenberg Bank reissued a "buy" rating and issued a GBX 710 ($9.21) target price on shares of Marlowe in a research note on Wednesday, August 21st.
View Our Latest Stock Analysis on MRL
Marlowe Stock Performance
The company has a debt-to-equity ratio of 58.99, a quick ratio of 0.80 and a current ratio of 1.24. The stock has a market cap of £295.14 million, a P/E ratio of -2,385.71 and a beta of 0.44. The business's 50-day moving average price is GBX 393.51 and its 200-day moving average price is GBX 453.17.
Insiders Place Their Bets
In other Marlowe news, insider Peter M. R. Gaze purchased 15,000 shares of the business's stock in a transaction on Friday, September 27th. The stock was acquired at an average price of GBX 309 ($4.01) per share, for a total transaction of £46,350 ($60,108.94). Company insiders own 25.30% of the company's stock.
About Marlowe
(
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Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk and Compliance; and Testing, and Inspection and Certification. It offers health and safety consultancy, risk and audit assessments, environmental, contractor management, and training services; and health and safety support services.
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