Marks and Spencer Group plc (LON:MKS - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 328.35 ($4.15) and traded as high as GBX 373.92 ($4.73). Marks and Spencer Group shares last traded at GBX 363 ($4.59), with a volume of 4,318,456 shares.
Wall Street Analyst Weigh In
Separately, Shore Capital restated a "house stock" rating on shares of Marks and Spencer Group in a research report on Wednesday, November 13th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of GBX 327 ($4.14).
View Our Latest Research Report on MKS
Marks and Spencer Group Stock Performance
The firm has a market cap of £7.36 billion, a PE ratio of 1,728.57, a P/E/G ratio of 0.20 and a beta of 1.62. The stock has a 50-day moving average price of GBX 373.26 and a 200 day moving average price of GBX 328.35. The company has a debt-to-equity ratio of 110.71, a current ratio of 0.86 and a quick ratio of 0.42.
Marks and Spencer Group Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be given a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, November 28th. This represents a dividend yield of 0.26%. Marks and Spencer Group's dividend payout ratio is presently 1,428.57%.
Marks and Spencer Group Company Profile
(
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Marks and Spencer Group plc operates various retail stores. It operates through: UK Clothing & Home, UK Food, International, Ocado, and All Other segments. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.
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