Marks Electrical Group (LON:MRK) Shares Down 1.7% - Time to Sell?

Shares of Marks Electrical Group PLC (LON:MRK - Get Free Report) fell 1.7% during trading on Wednesday . The stock traded as low as GBX 56 ($0.72) and last traded at GBX 57.04 ($0.74). 58,945 shares changed hands during trading, a decline of 71% from the average session volume of 200,936 shares. The stock had previously closed at GBX 58 ($0.75).

Marks Electrical Group Price Performance

The stock has a market capitalization of £59.86 million, a PE ratio of 140.22 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. The stock's 50-day moving average is GBX 54.60 and its 200 day moving average is GBX 55.55.

Insider Activity

In other news, insider Warren Middleton purchased 18,379 shares of Marks Electrical Group stock in a transaction dated Friday, January 31st. The stock was acquired at an average cost of GBX 54 ($0.70) per share, for a total transaction of £9,924.66 ($12,815.93). 79.32% of the stock is currently owned by corporate insiders.

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.