Macfarlane Group (LON:MACF) Sets New 12-Month Low - Here's Why

Macfarlane Group PLC (LON:MACF - Get Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 99.60 ($1.28) and last traded at GBX 99.60 ($1.28), with a volume of 181356 shares. The stock had previously closed at GBX 101 ($1.30).

Macfarlane Group Stock Performance

The company has a market cap of £152.10 million, a P/E ratio of 10.31 and a beta of 0.68. The company has a quick ratio of 0.79, a current ratio of 1.20 and a debt-to-equity ratio of 44.58. The business has a fifty day simple moving average of GBX 104.44 and a two-hundred day simple moving average of GBX 107.95.

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) EPS for the quarter. Macfarlane Group had a net margin of 5.47% and a return on equity of 12.67%. On average, sell-side analysts anticipate that Macfarlane Group PLC will post 7.4677529 EPS for the current year.

Macfarlane Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 13th. Stockholders of record on Thursday, May 15th will be paid a GBX 2.70 ($0.03) dividend. This represents a dividend yield of 2.62%. This is a positive change from Macfarlane Group's previous dividend of $0.96. The ex-dividend date of this dividend is Thursday, May 15th. Macfarlane Group's dividend payout ratio is 42.88%.

Insider Activity at Macfarlane Group

In other Macfarlane Group news, insider Ivor Gray sold 15,397 shares of the firm's stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of GBX 104 ($1.34), for a total transaction of £16,012.88 ($20,640.47). 13.19% of the stock is owned by company insiders.

Macfarlane Group Company Profile

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.