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

Marshalls plc (LON:MSLH) shares reached 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 trading hands. The stock had previously closed at GBX 243.50 ($3.15).

Analyst Ratings Changes

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

Marshalls Stock Down 2.9 %

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

Insider Transactions at Marshalls

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

About Marshalls

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.