Marshalls (LON:MSLH) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Marshalls plc (LON:MSLH) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 154.04 and traded as high as GBX 155. Marshalls shares last traded at GBX 149.45, with a volume of 1,554,093 shares traded.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on MSLH shares. Royal Bank Of Canada lowered their target price on shares of Marshalls from GBX 195 to GBX 170 and set a “sector perform” rating on the stock in a research note on Wednesday, April 22nd. Berenberg Bank reissued a “buy” rating and issued a GBX 360 price target on shares of Marshalls in a research note on Monday, March 16th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 310.

Marshalls Trading Down 1.0%

The stock has a 50 day moving average of GBX 137.26 and a 200 day moving average of GBX 154.04. The company has a debt-to-equity ratio of 27.74, a current ratio of 1.78 and a quick ratio of 1.34. The firm has a market cap of £377.95 million, a P/E ratio of 26.69, a PEG ratio of 0.17 and a beta of 1.28.

Insider Activity

In other news, insider Justin Lockwood acquired 7,822 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average cost of GBX 127 per share, with a total value of £9,933.94. Also, insider Paul Inman acquired 3,940 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average cost of GBX 125 per share, for a total transaction of £4,925. In the last three months, insiders have bought 21,762 shares of company stock worth $2,745,894. 1.10% of the stock is currently owned by insiders.

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.