Shares of 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 108.08 ($1.34) and traded as low as GBX 106 ($1.31). Macfarlane Group shares last traded at GBX 106.50 ($1.32), with a volume of 153,326 shares traded.
Analysts Set New Price Targets
Separately, Shore Capital reiterated a "house stock" rating on shares of Macfarlane Group in a research report on Friday, November 29th.
Check Out Our Latest Stock Report on MACF
Macfarlane Group Price Performance
The company has a market capitalization of £170.77 million, a price-to-earnings ratio of 1,188.89 and a beta of 0.68. The company has a 50-day moving average price of GBX 108.18 and a 200-day moving average price of GBX 112.63. The company has a debt-to-equity ratio of 44.58, a quick ratio of 0.79 and a current ratio of 1.20.
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.
Featured Articles
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
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
