Marlowe plc (LON:MRL - Get Free Report) traded up 1.2% on Friday . The stock traded as high as GBX 330 ($4.14) and last traded at GBX 328 ($4.11). 141,426 shares changed hands during trading, a decline of 77% from the average session volume of 606,029 shares. The stock had previously closed at GBX 324 ($4.06).
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on MRL shares. Royal Bank of Canada reaffirmed an "outperform" rating and issued a GBX 690 ($8.65) target price on shares of Marlowe in a report on Thursday, August 1st. Berenberg Bank restated a "buy" rating and issued a GBX 710 ($8.90) price objective on shares of Marlowe in a research note on Wednesday, August 21st.
Read Our Latest Stock Report on Marlowe
Marlowe Trading Up 1.2 %
The company has a current ratio of 1.24, a quick ratio of 0.80 and a debt-to-equity ratio of 58.99. The company has a 50 day moving average of GBX 357.65 and a 200 day moving average of GBX 434.09. The firm has a market cap of £287.69 million, a price-to-earnings ratio of -2,342.86 and a beta of 0.44.
Insider Buying and Selling
In other Marlowe news, insider Peter M. R. Gaze acquired 15,000 shares of Marlowe stock in a transaction on Friday, September 27th. The shares were bought at an average price of GBX 309 ($3.87) per share, with a total value of £46,350 ($58,104.55). 25.30% of the stock is currently owned by corporate insiders.
About Marlowe
(
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Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk and Compliance; and Testing, and Inspection and Certification. It offers health and safety consultancy, risk and audit assessments, environmental, contractor management, and training services; and health and safety support services.
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