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OTCMKTS:MLSPF

Melrose Industries (MLSPF) Stock Price, News & Analysis

$5.93
-0.60 (-9.20%)
(As of 09/16/2024 ET)

About Melrose Industries Stock (OTCMKTS:MLSPF)

Key Stats

Today's Range
$5.93
$6.53
50-Day Range
$5.82
$7.60
52-Week Range
$5.37
$8.74
Volume
2,669 shs
Average Volume
22,093 shs
Market Capitalization
N/A
P/E Ratio
11.22
Dividend Yield
1.39%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Melrose Industries PLC, together with its subsidiaries, engages in the aerospace, automotive, powder metallurgy, and other industrial businesses in the United Kingdom, rest of Europe, North America, and internationally. Its Aerospace segment provides airframe and engine structures, and electrical interconnection systems for the aerospace industry in civil airframe and defense platforms. The company's Automotive segment designs, develops, manufactures, and integrates driveline technologies, including electric vehicle components. Its Powder Metallurgy segment offers precision powder metal parts for the automotive and industrial sectors; and metal powder for powder metallurgy, as well as commercializes additive manufacturing. The company's Other Industrial segment designs, manufactures, and distributes ergonomic products for use in a various working, learning, and healthcare environments; and offers metal hydride hydrogen storage solutions for use in a range of industrial and commercial applications. The company was formerly known as New Melrose Industries PLC and changed its name to Melrose Industries PLC in November 2015. Melrose Industries PLC was founded in 2003 and is headquartered in London, the United Kingdom.

Melrose Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 6th Percentile

Melrose Industries scored higher than 6% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Melrose Industries is 11.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.87.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Melrose Industries is 11.22, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 481.79.

  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    Melrose Industries has a short interest ratio ("days to cover") of 10.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Melrose Industries has recently increased by 13.27%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Melrose Industries pays a meaningful dividend of 3.37%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Melrose Industries does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Melrose Industries is 15.63%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Melrose Industries' dividend.
  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    Melrose Industries has a short interest ratio ("days to cover") of 10.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Melrose Industries has recently increased by 13.27%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Melrose Industries has a news sentiment score of -0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.33 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Melrose Industries this week, compared to 0 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Melrose Industries insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    47.03% of the stock of Melrose Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Melrose Industries' insider trading history.
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MLSPF Stock News Headlines

China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
Preps: Munford 33, Melrose 32
Melrose Industries PLC (27M.SG)
Melrose Industries rises Monday, outperforms market
See More Headlines

MLSPF Stock Analysis - Frequently Asked Questions

Melrose Industries' stock was trading at $7.11 at the beginning of the year. Since then, MLSPF shares have decreased by 16.7% and is now trading at $5.9250.
View the best growth stocks for 2024 here
.

Melrose Industries shares reverse split on Tuesday, April 18th 2023. The 1-3 reverse split was announced on Tuesday, April 18th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, April 18th 2023. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

Shares of MLSPF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

Industry
Specialty Industrial Machinery
Sub-Industry
Personal Services
Current Symbol
OTCMKTS:MLSPF
CIK
N/A
Fax
N/A
Employees
37,694
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (OTCMKTS:MLSPF) was last updated on 9/17/2024 by MarketBeat.com Staff
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