Macfarlane Group PLC (LON:MACF - Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 108.02 ($1.36) and traded as low as GBX 106.50 ($1.35). Macfarlane Group shares last traded at GBX 107 ($1.35), with a volume of 133,538 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a "house stock" rating on shares of Macfarlane Group in a research note on Friday, November 29th.
View Our Latest Stock Analysis on MACF
Macfarlane Group Stock Performance
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 has a market cap of £170.76 million, a P/E ratio of 11.58 and a beta of 0.68. The business's 50-day moving average price is GBX 107.74 and its 200-day moving average price is GBX 111.58.
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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