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Marks and Spencer Group (OTCMKTS:MAKSY) Stock Price Crosses Below Fifty Day Moving Average - Here's What Happened

Marks and Spencer Group logo with Retail/Wholesale background

Marks and Spencer Group plc (OTCMKTS:MAKSY - Get Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $9.40 and traded as low as $8.09. Marks and Spencer Group shares last traded at $8.16, with a volume of 40,510 shares trading hands.

Marks and Spencer Group Stock Down 2.3 %

The company has a debt-to-equity ratio of 0.84, a current ratio of 0.82 and a quick ratio of 0.45. The stock's 50 day simple moving average is $9.40 and its two-hundred day simple moving average is $9.27.

Marks and Spencer Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, November 29th were issued a dividend of $0.0258 per share. The ex-dividend date of this dividend was 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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