Macfarlane Group PLC (LON:MACF - Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 108.49 ($1.33) and traded as low as GBX 105.95 ($1.30). Macfarlane Group shares last traded at GBX 106.50 ($1.30), with a volume of 296,630 shares.
Wall Street Analyst Weigh In
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Macfarlane Group in a research report on Friday, November 29th.
Read Our Latest Analysis on Macfarlane Group
Macfarlane Group Price Performance
The company's 50-day simple moving average is GBX 108.49 and its 200 day simple moving average is GBX 114.43. The company has a market capitalization of £169.97 million, a P/E ratio of 1,183.33 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.
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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