Marshalls (LON:MSLH) Sets New 12-Month Low After Analyst Downgrade

Shares of Marshalls plc (LON:MSLH) hit a new 52-week low during trading on Tuesday after Royal Bank Of Canada lowered their price target on the stock from GBX 240 to GBX 195. Royal Bank Of Canada currently has a sector perform rating on the stock. Marshalls traded as low as GBX 159.20 and last traded at GBX 159.40, with a volume of 2257822 shares traded. The stock had previously closed at GBX 167.20.

Insider Activity at Marshalls

In other news, insider Simon Bourne acquired 40,000 shares of Marshalls stock in a transaction dated Monday, December 8th. The shares were acquired at an average cost of GBX 172 per share, for a total transaction of £68,800. Corporate insiders own 1.05% of the company’s stock.

Marshalls Stock Performance

The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86. The stock has a market cap of £412.65 million, a PE ratio of 17.36, a P/E/G ratio of 0.17 and a beta of 1.26. The firm’s 50-day moving average is GBX 175.71 and its 200 day moving average is GBX 186.58.

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. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.