Marechale Capital (LON:MAC) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Shares of Marechale Capital Plc (LON:MAC) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1.75 ($0.02) and traded as high as GBX 1.80 ($0.02). Marechale Capital shares last traded at GBX 1.65 ($0.02), with a volume of 684,294 shares traded.

Marechale Capital Price Performance

The stock has a market capitalization of £1.98 million, a PE ratio of -10.81 and a beta of 0.42. The company has a current ratio of 47.63, a quick ratio of 5.58 and a debt-to-equity ratio of 0.67. The company’s 50 day simple moving average is GBX 1.76 and its 200 day simple moving average is GBX 1.59.

Marechale Capital (LON:MAC) last released its earnings results on Thursday, December 19th. The company reported GBX (0.17) ($0.00) EPS for the quarter. Marechale Capital had a negative return on equity of 5.47% and a negative net margin of 27.36%.

About Marechale Capital

Marechale Capital Plc engages in the provision of professional advisory and broking services to companies in the United Kingdom. It offers capital raising services, such as equity financing, mezzanine, and debt financing services. The company also provides advisory services, including strategic review and consultancy, growth capital, and refinancing and exit advice.