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Mears Group (LON:MER) Releases Earnings Results

Mears Group logo with Consumer Cyclical background

Mears Group (LON:MER - Get Free Report) posted its quarterly earnings results on Thursday. The company reported GBX 50.27 ($0.66) EPS for the quarter, Digital Look Earnings reports. Mears Group had a return on equity of 21.83% and a net margin of 3.67%.

Mears Group Stock Performance

Shares of MER stock remained flat at GBX 391.50 ($5.16) on Tuesday. 402,696 shares of the stock traded hands, compared to its average volume of 399,827. The company has a quick ratio of 0.92, a current ratio of 0.87 and a debt-to-equity ratio of 139.90. Mears Group has a 1 year low of GBX 322 ($4.25) and a 1 year high of GBX 411 ($5.42). The company's fifty day moving average price is GBX 374.39 and its 200-day moving average price is GBX 367.52. The company has a market capitalization of £342.99 million, a PE ratio of 8.72, a PEG ratio of 0.68 and a beta of 1.26.

About Mears Group

(Get Free Report)

Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services.

Further Reading

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