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Marlowe (LON:MRL) Stock Price Passes Below 50-Day Moving Average - Here's Why

Marlowe logo with Industrials background

Shares of Marlowe plc (LON:MRL - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 330.41 ($4.37) and traded as low as GBX 322 ($4.26). Marlowe shares last traded at GBX 324 ($4.29), with a volume of 372,340 shares changing hands.

Marlowe Price Performance

The company has a market capitalization of £258.47 million, a P/E ratio of -30.04 and a beta of 0.44. The business's 50-day moving average is GBX 330.18 and its two-hundred day moving average is GBX 328.56. The company has a quick ratio of 0.80, a current ratio of 1.24 and a debt-to-equity ratio of 58.99.

About Marlowe

(Get Free Report)

Marlowe is a leader in business-critical services and software which assure regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services and software. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation.

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