Marks and Spencer Group plc (OTCMKTS:MAKSY - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $9.84 and traded as low as $9.19. Marks and Spencer Group shares last traded at $9.61, with a volume of 16,078 shares changing hands.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on MAKSY shares. UBS Group raised Marks and Spencer Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 23rd. Barclays raised shares of Marks and Spencer Group to a "strong-buy" rating in a research report on Monday, September 16th.
Read Our Latest Research Report on MAKSY
Marks and Spencer Group Price Performance
The company has a current ratio of 0.86, a quick ratio of 0.55 and a debt-to-equity ratio of 1.02. The stock's fifty day moving average price is $9.82 and its 200-day moving average price is $9.07.
Marks and Spencer Group Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, November 29th will be given a $0.0258 dividend. The ex-dividend date of this dividend is Friday, November 29th.
Marks and Spencer Group Company Profile
(
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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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