Macfarlane Group PLC (LON:MACF - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 105.80 ($1.37) and traded as low as GBX 101.50 ($1.32). Macfarlane Group shares last traded at GBX 101.50 ($1.32), with a volume of 307,227 shares changing hands.
Analyst Ratings Changes
Separately, Shore Capital reiterated a "house stock" rating on shares of Macfarlane Group in a report on Friday, November 29th.
View Our Latest Analysis on MACF
Macfarlane Group Stock Down 1.4 %
The firm has a fifty day simple moving average of GBX 105.70 and a 200-day simple moving average of GBX 109.28. The company has a market capitalization of £162.06 million, a P/E ratio of 10.99 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 (LON:MACF - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported GBX 9.76 ($0.13) earnings per share for the quarter. Macfarlane Group had a return on equity of 12.67% and a net margin of 5.47%. On average, equities research analysts expect that Macfarlane Group PLC will post 7.4677529 EPS for the current fiscal year.
Macfarlane Group Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, June 13th. Stockholders of record on Thursday, May 15th will be given a dividend of GBX 2.70 ($0.04) per share. This is a boost from Macfarlane Group's previous dividend of $0.96. This represents a dividend yield of 2.62%. The ex-dividend date is Thursday, May 15th. Macfarlane Group's dividend payout ratio is currently 42.88%.
About Macfarlane Group
(
Get Free Report)
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.
See Also
Before you consider Macfarlane Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Macfarlane Group wasn't on the list.
While Macfarlane Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
