Shares of Macfarlane Group PLC (LON:MACF - Get Free Report) dropped 0.9% on Wednesday . The stock traded as low as GBX 106 ($1.31) and last traded at GBX 107.50 ($1.33). Approximately 131,454 shares changed hands during trading, a decline of 6% from the average daily volume of 139,456 shares. The stock had previously closed at GBX 108.50 ($1.34).
Analyst Ratings Changes
Separately, Shore Capital restated a "house stock" rating on shares of Macfarlane Group in a research report on Friday, November 29th.
Get Our Latest Report on Macfarlane Group
Macfarlane Group Trading Down 0.9 %
The firm's 50-day simple moving average is GBX 109.37 and its 200 day simple moving average is GBX 115.15. The stock has a market cap of £171.57 million, a P/E ratio of 1,194.44 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.
Macfarlane Group Company Profile
(
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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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