Melrose Industries PLC (LON:MRO - Get Free Report)'s share price fell 7.9% on Friday . The stock traded as low as GBX 488.80 ($6.29) and last traded at GBX 512.36 ($6.60). 15,742,509 shares changed hands during mid-day trading, an increase of 65% from the average session volume of 9,543,342 shares. The stock had previously closed at GBX 556.40 ($7.16).
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 850 ($10.94) price target on shares of Melrose Industries in a research report on Thursday, January 23rd.
View Our Latest Stock Analysis on Melrose Industries
Melrose Industries Stock Performance
The company has a debt-to-equity ratio of 44.03, a quick ratio of 0.45 and a current ratio of 0.86. The firm has a 50 day moving average of GBX 595.37 and a 200-day moving average of GBX 531.53. The stock has a market capitalization of £6.41 billion, a PE ratio of -167.77, a P/E/G ratio of 0.48 and a beta of 1.51.
Melrose Industries (LON:MRO - Get Free Report) last posted its quarterly earnings results on Thursday, March 6th. The company reported GBX 26.80 ($0.35) earnings per share (EPS) for the quarter. Melrose Industries had a negative net margin of 1.13% and a negative return on equity of 1.18%. Research analysts forecast that Melrose Industries PLC will post 33.9741641 earnings per share for the current year.
About Melrose Industries
(
Get Free Report)
Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.
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