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Marks and Spencer Group (OTCMKTS:MAKSY) Stock Crosses Above 50-Day Moving Average - What's Next?

Marks and Spencer Group logo with Retail/Wholesale background

Marks and Spencer Group plc (OTCMKTS:MAKSY - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $9.90 and traded as high as $10.09. Marks and Spencer Group shares last traded at $10.00, with a volume of 25,773 shares trading hands.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Barclays upgraded Marks and Spencer Group to a "strong-buy" rating in a research report on Monday, September 16th. UBS Group upgraded Marks and Spencer Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 23rd.

View Our Latest Stock Report on MAKSY

Marks and Spencer Group Price Performance

The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.55 and a current ratio of 0.86. The company's 50-day moving average price is $9.90 and its 200-day moving average price is $8.99.

Marks and Spencer Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, November 29th will be given a dividend of $0.0258 per share. The ex-dividend date is Friday, November 29th.

Marks and Spencer Group Company Profile

(Get Free Report)

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. 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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