Marks and Spencer Group plc (LON:MKS - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 343.49 ($4.29) and traded as high as GBX 393.70 ($4.92). Marks and Spencer Group shares last traded at GBX 391.50 ($4.89), with a volume of 7,754,463 shares trading hands.
Analyst Ratings Changes
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, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of GBX 327 ($4.09).
Check Out Our Latest Stock Analysis on MKS
Marks and Spencer Group Trading Down 0.7 %
The stock has a market cap of £7.85 billion, a price-to-earnings ratio of 1,850.95, a P/E/G ratio of 0.20 and a beta of 1.62. The company has a debt-to-equity ratio of 110.71, a current ratio of 0.86 and a quick ratio of 0.42. The company's fifty day moving average price is GBX 381.86 and its 200-day moving average price is GBX 344.18.
Marks and Spencer Group Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 0.26%. Marks and Spencer Group's payout ratio is 1,428.57%.
Marks and Spencer Group Company Profile
(
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.
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