Marks and Spencer Group plc (OTCMKTS:MAKSY - Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 7,700 shares, a growth of 185.2% from the October 15th total of 2,700 shares. Based on an average trading volume of 44,400 shares, the short-interest ratio is presently 0.2 days.
Analyst Ratings Changes
Several equities research analysts have commented on MAKSY shares. Barclays raised shares of Marks and Spencer Group to a "strong-buy" rating in a research report on Monday, September 16th. UBS Group raised Marks and Spencer Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 23rd.
Check Out Our Latest Stock Analysis on Marks and Spencer Group
Marks and Spencer Group Trading Down 1.3 %
Marks and Spencer Group stock traded down $0.12 during mid-day trading on Wednesday, reaching $9.38. 14,034 shares of the company were exchanged, compared to its average volume of 23,742. The company has a fifty day simple moving average of $9.92 and a 200-day simple moving average of $8.53. Marks and Spencer Group has a 12 month low of $5.73 and a 12 month high of $10.69. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.86 and a quick ratio of 0.55.
Marks and Spencer Group Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, January 17th. Investors of record on Friday, November 29th will be issued a dividend of $0.0258 per share. The ex-dividend date of this dividend is Friday, November 29th.
About Marks and Spencer Group
(
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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.
Further Reading
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