Marks Electrical Group (LON:MRK) Stock Price Up 0.9% - What's Next?

Shares of Marks Electrical Group PLC (LON:MRK - Get Free Report) rose 0.9% on Friday . The company traded as high as GBX 54 ($0.66) and last traded at GBX 53.48 ($0.65). Approximately 1,402,462 shares changed hands during trading, an increase of 116% from the average daily volume of 648,075 shares. The stock had previously closed at GBX 53 ($0.65).

Marks Electrical Group Stock Performance

The stock's 50-day moving average is GBX 53.04 and its 200 day moving average is GBX 60.06. The firm has a market cap of £55.99 million, a P/E ratio of 1,613.00 and a beta of 0.73. The company has a debt-to-equity ratio of 8.42, a quick ratio of 0.62 and a current ratio of 1.59.

Marks Electrical Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, November 28th were given a GBX 0.30 ($0.00) dividend. This represents a yield of 0.51%. The ex-dividend date of this dividend was Thursday, November 28th.

About Marks Electrical Group

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.