Peter Atkinson Sells 38,077 Shares of Macfarlane Group (LON:MACF) Stock

Macfarlane Group PLC (LON:MACF) insider Peter Atkinson sold 38,077 shares of the stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of GBX 6, for a total transaction of £2,284.62.

Macfarlane Group Trading Down 2.7%

MACF opened at GBX 64 on Friday. The firm has a market capitalization of £100.16 million, a price-to-earnings ratio of 8.50 and a beta of 0.59. The company’s 50 day simple moving average is GBX 69.75 and its two-hundred day simple moving average is GBX 74.42. Macfarlane Group PLC has a 1-year low of GBX 59.80 and a 1-year high of GBX 122. The company has a debt-to-equity ratio of 114.70, a current ratio of 0.98 and a quick ratio of 0.79.

Macfarlane Group (LON:MACF) last posted its quarterly earnings results on Thursday, February 26th. The company reported GBX 3.99 earnings per share (EPS) for the quarter. Macfarlane Group had a return on equity of 5.20% and a net margin of 2.10%. Analysts expect that Macfarlane Group PLC will post 7.4677529 EPS for the current fiscal year.

Macfarlane Group Company Profile

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe. The Manufacturing Operations segment designs, manufactures, and assembles timber, corrugated, and foam-based packaging materials in the United Kingdom.