Marlowe (LON:MRL) Shares Cross Below 50-Day Moving Average – Time to Sell?

Marlowe plc (LON:MRLGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 323.29 ($3.93) and traded as low as GBX 315 ($3.83). Marlowe shares last traded at GBX 319 ($3.88), with a volume of 202,524 shares trading hands.

Marlowe Price Performance

The firm has a market capitalization of £280.67 million, a PE ratio of -2,285.71 and a beta of 0.44. The firm’s fifty day moving average price is GBX 322.63 and its 200 day moving average price is GBX 379.42. The company has a current ratio of 1.24, a quick ratio of 0.80 and a debt-to-equity ratio of 58.99.

Marlowe Company Profile

(Get Free Report)

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.

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