Marshalls (LON:MSLH) Shares Cross Above 200-Day Moving Average of $285.76

Marshalls plc (LON:MSLH) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 285.76 ($3.63) and traded as high as GBX 297.03 ($3.77). Marshalls shares last traded at GBX 291 ($3.69), with a volume of 396,029 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 420 ($5.33) target price on shares of Marshalls in a research report on Monday, May 20th.

Marshalls Price Performance

The company has a debt-to-equity ratio of 39.31, a current ratio of 1.87 and a quick ratio of 1.34. The company has a 50-day simple moving average of GBX 298.78 and a two-hundred day simple moving average of GBX 285.76. The stock has a market capitalization of £735.85 million, a price-to-earnings ratio of 4,157.14, a price-to-earnings-growth ratio of 0.17 and a beta of 1.15.

Insiders Place Their Bets

In other Marshalls news, insider Matt Pullen purchased 13,439 shares of the stock in a transaction dated Monday, April 29th. The shares were bought at an average cost of GBX 262 ($3.32) per share, with a total value of £35,210.18 ($44,665.96). 2.93% of the stock is owned by corporate insiders.

About Marshalls

Marshalls plc, together with its subsidiaries, manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally. It offers paving products, such as flag paving, natural stone paving, block paving, permeable paving, tactile paving, accessories, steps, rail products, marker blocks, setts and cobbles, and pedestals; kerbs; and combined kerb and drainage systems, linear drainage systems, below ground drainage, offsite solutions, civils and drainage water management, specialist precast, and precast solutions.