Marks and Spencer Group plc (LON:MKS - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 347.57 ($4.37) and traded as high as GBX 384.01 ($4.83). Marks and Spencer Group shares last traded at GBX 381.80 ($4.80), with a volume of 4,488,390 shares trading hands.
Wall Street Analyst Weigh In
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Marks and Spencer Group in a report on Wednesday, December 11th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of GBX 327 ($4.11).
Check Out Our Latest Stock Report on Marks and Spencer Group
Marks and Spencer Group Stock Down 0.9 %
The company has a current ratio of 0.86, a quick ratio of 0.42 and a debt-to-equity ratio of 110.71. The business's 50-day simple moving average is GBX 382.59 and its 200-day simple moving average is GBX 347.57. The company has a market capitalization of £7.64 billion, a PE ratio of 1,801.43, a price-to-earnings-growth ratio of 0.20 and a beta of 1.62.
Marks and Spencer Group Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be issued a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 0.26%. Marks and Spencer Group's dividend payout ratio (DPR) is presently 1,428.57%.
About Marks and Spencer Group
(
Get Free Report)
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.
Featured Stories
Before you consider Marks and Spencer 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 Marks and Spencer Group wasn't on the list.
While Marks and Spencer Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
