Shore Capital Reaffirms House Stock Rating for Macfarlane Group (LON:MACF)

Shore Capital reiterated their house stock rating on shares of Macfarlane Group (LON:MACF) in a research note released on Friday, MarketBeat.com reports.

Macfarlane Group Price Performance

Shares of LON MACF opened at GBX 105 ($1.33) on Friday. The company has a quick ratio of 0.79, a current ratio of 1.20 and a debt-to-equity ratio of 44.58. The company has a market cap of £167.58 million, a P/E ratio of 1,161.11 and a beta of 0.68. Macfarlane Group has a 52 week low of GBX 100.75 ($1.28) and a 52 week high of GBX 147.50 ($1.87). The business has a 50-day simple moving average of GBX 110.64 and a two-hundred day simple moving average of GBX 117.88.

About Macfarlane Group

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.