Macfarlane Group PLC (LON:MACF - Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 103.08 ($1.36) and traded as low as GBX 96 ($1.27). Macfarlane Group shares last traded at GBX 98.40 ($1.30), with a volume of 89,129 shares.
Macfarlane Group Stock Performance
The stock has a 50 day moving average of GBX 102.75 and a 200 day moving average of GBX 107.11. The company has a market capitalization of £161.59 million, a price-to-earnings ratio of 10.96 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 issued its quarterly earnings results on Thursday, February 27th. The company reported GBX 9.76 ($0.13) earnings per share (EPS) for the quarter. Macfarlane Group had a net margin of 5.47% and a return on equity of 12.67%. As a group, analysts predict that Macfarlane Group PLC will post 7.4677529 EPS for the current year.
Macfarlane Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 15th will be issued a dividend of GBX 2.70 ($0.04) per share. This is an increase from Macfarlane Group's previous dividend of $0.96. This represents a yield of 2.62%. The ex-dividend date of this dividend is Thursday, May 15th. Macfarlane Group's dividend payout ratio (DPR) is presently 42.88%.
Insider Transactions at Macfarlane Group
In other Macfarlane Group news, insider Ivor Gray sold 15,397 shares of Macfarlane Group stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of GBX 104 ($1.38), for a total value of £16,012.88 ($21,195.08). Corporate insiders own 13.19% of the company's stock.
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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