Marks Electrical Group (LON:MRK) Shares Down 0.9% - What's Next?

Shares of Marks Electrical Group PLC (LON:MRK - Get Free Report) dropped 0.9% during mid-day trading on Tuesday . The stock traded as low as GBX 53 ($0.67) and last traded at GBX 54 ($0.68). Approximately 48,025 shares were traded during trading, a decline of 66% from the average daily volume of 140,635 shares. The stock had previously closed at GBX 54.50 ($0.69).

Marks Electrical Group Stock Up 1.4 %

The company's fifty day moving average price is GBX 53.98 and its 200-day moving average price is GBX 56.61. The stock has a market capitalization of £57.98 million, a PE ratio of 135.82 and a beta of 0.73. The company has a quick ratio of 0.62, a current ratio of 1.59 and a debt-to-equity ratio of 8.42.

Insider Activity

In other news, insider Warren Middleton acquired 18,379 shares of the firm's stock in a transaction that occurred on Friday, January 31st. The stock was bought at an average cost of GBX 54 ($0.68) per share, for a total transaction of £9,924.66 ($12,480.71). Company insiders own 79.32% of the company's stock.

Marks Electrical Group Company Profile

Marks Electrical Group PLC, together with its subsidiary, engages in the supply of domestic electrical appliances and consumer electronics in the United Kingdom. The company also provides removal and recycling of packaging; collection and recycling of old appliances; and extended warranties and installation services.