Marks and Spencer Group (LON:MKS) Reaches New 12-Month High - Here's What Happened

Shares of Marks and Spencer Group plc (LON:MKS - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 417.55 ($5.56) and last traded at GBX 413.55 ($5.51), with a volume of 12484325 shares changing hands. The stock had previously closed at GBX 411.30 ($5.48).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a "house stock" rating on shares of Marks and Spencer Group in a research report on Friday, March 21st.

Marks and Spencer Group Trading Down 2.2 %

The company has a quick ratio of 0.42, a current ratio of 0.82 and a debt-to-equity ratio of 95.00. The company's 50-day moving average price is GBX 363.10 and its 200-day moving average price is GBX 367. The firm has a market cap of £7.75 billion, a price-to-earnings ratio of 15.35, a price-to-earnings-growth ratio of 0.20 and a beta of 1.62.

Marks and Spencer Group Company Profile

M&S has a heritage of quality, innovation and value for money and has been voted the UK's most trusted brand. From these foundations, M&S is reshaping for sustainable profitable growth and value creation. We operate as a family of businesses, selling high-quality, great-value, own-brand products and services, alongside a carefully selected range of third-party brands.