Macfarlane Group PLC (LON:MACF - Get Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 105.30 ($1.36) and traded as low as GBX 104 ($1.34). Macfarlane Group shares last traded at GBX 105.50 ($1.36), with a volume of 300,204 shares traded.
Macfarlane Group Stock Performance
The company has a market cap of £159.69 million, a PE ratio of 10.83 and a beta of 0.68. The stock has a 50 day simple moving average of GBX 105.11 and a two-hundred day simple moving average of GBX 108.44. The company has a debt-to-equity ratio of 44.58, a current ratio of 1.20 and a quick ratio of 0.79.
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%. Equities analysts predict that Macfarlane Group PLC will post 7.4677529 EPS for the current year.
Macfarlane Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, June 13th. Stockholders of record on Thursday, May 15th will be paid a dividend of GBX 2.70 ($0.03) per share. This is an increase from Macfarlane Group's previous dividend of $0.96. The ex-dividend date of this dividend is Thursday, May 15th. This represents a dividend yield of 2.62%. 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 company's stock in a transaction 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 ($20,688.48). 13.19% of the stock is currently owned by insiders.
About Macfarlane Group
(
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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.
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