Shares of Macfarlane Group PLC (LON:MACF - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 116.64 ($1.48) and traded as low as GBX 109.78 ($1.40). Macfarlane Group shares last traded at GBX 112 ($1.42), with a volume of 86,955 shares traded.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "house stock" rating on shares of Macfarlane Group in a research report on Friday, November 29th.
View Our Latest Stock Report on MACF
Macfarlane Group Stock Down 1.3 %
The company has a debt-to-equity ratio of 44.58, a quick ratio of 0.79 and a current ratio of 1.20. The stock's 50 day moving average price is GBX 110.44 and its 200-day moving average price is GBX 116.61. The company has a market cap of £176.36 million, a PE ratio of 1,227.78 and a beta of 0.68.
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.
Further Reading
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