Marlowe (LON:MRL) Stock Price Crosses Below 50 Day Moving Average - Here's What Happened

Marlowe plc (LON:MRL - Get Free Report)'s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 323.29 ($3.96) and traded as low as GBX 315 ($3.85). Marlowe shares last traded at GBX 319 ($3.90), with a volume of 202,524 shares trading hands.

Marlowe Stock Performance

The stock has a market capitalization of £280.67 million, a price-to-earnings ratio of -2,285.71 and a beta of 0.44. The stock's 50-day simple moving average is GBX 323.29 and its 200 day simple moving average is GBX 380.18. The company has a quick ratio of 0.80, a current ratio of 1.24 and a debt-to-equity ratio of 58.99.

Marlowe Company Profile

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.