Marks and Spencer Group plc (LON:MKS - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 365.37 ($4.86) and traded as high as GBX 404.10 ($5.37). Marks and Spencer Group shares last traded at GBX 402.91 ($5.36), with a volume of 11,155,580 shares.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a "house stock" rating on shares of Marks and Spencer Group in a research note on Friday, March 21st. Four analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of GBX 333.75 ($4.44).
Check Out Our Latest Report on Marks and Spencer Group
Marks and Spencer Group Trading Up 2.1 %
The business has a fifty day simple moving average of GBX 358.40 and a 200-day simple moving average of GBX 366.13. The firm has a market cap of £8.26 billion, a price-to-earnings ratio of 16.35, a PEG ratio of 0.20 and a beta of 1.62. The company has a debt-to-equity ratio of 95.00, a quick ratio of 0.42 and a current ratio of 0.82.
About Marks and Spencer Group
(
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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.
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