Macfarlane Group (LON:MACF) Hits New 12-Month Low - Should You Sell?

Macfarlane Group PLC (LON:MACF - Get Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 99.60 ($1.29) and last traded at GBX 99.60 ($1.29), with a volume of 401342 shares trading hands. The stock had previously closed at GBX 103.50 ($1.34).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a "house stock" rating on shares of Macfarlane Group in a research note on Friday, November 29th.

Macfarlane Group Trading Up 0.5 %

The stock has a market capitalization of £161.27 million, a PE ratio of 10.94 and a beta of 0.68. The company has a current ratio of 1.20, a quick ratio of 0.79 and a debt-to-equity ratio of 44.58. The stock has a 50 day moving average price of GBX 106.54 and a 200-day moving average price of GBX 110.11.

Macfarlane Group (LON:MACF - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported GBX 9.76 ($0.13) earnings per share (EPS) for the quarter. Macfarlane Group had a return on equity of 12.67% and a net margin of 5.47%. Sell-side analysts expect that Macfarlane Group PLC will post 7.4677529 earnings per share for the current year.

About Macfarlane Group

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe.