Marshalls (LON:MSLH) Sets New 1-Year Low – What’s Next?

Marshalls plc (LON:MSLH) shares hit a new 52-week low during trading on Monday . The company traded as low as GBX 229 ($2.96) and last traded at GBX 236.50 ($3.06), with a volume of 692016 shares. The stock had previously closed at GBX 243.50 ($3.15).

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 420 ($5.43) price objective on shares of Marshalls in a report on Wednesday, January 22nd.

Marshalls Trading Down 2.9 %

The stock has a market cap of £594.92 million, a PE ratio of 27.62, a P/E/G ratio of 0.17 and a beta of 1.26. The firm has a 50-day simple moving average of GBX 251.60 and a 200-day simple moving average of GBX 298.57. The company has a quick ratio of 1.34, a current ratio of 1.86 and a debt-to-equity ratio of 33.19.

Insiders Place Their Bets

In other Marshalls news, insider Justin Lockwood acquired 5,000 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were bought at an average price of GBX 232 ($3.00) per share, for a total transaction of £11,600 ($14,994.83). Also, insider Vanda Murray acquired 4,000 shares of the stock in a transaction that occurred on Wednesday, January 29th. The stock was acquired at an average price of GBX 248 ($3.21) per share, for a total transaction of £9,920 ($12,823.16). Company insiders own 2.73% of the company’s stock.

Marshalls Company Profile

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership.