Marshalls (LON:MSLH) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Marshalls plc (LON:MSLH) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 325.26 ($4.10) and traded as high as GBX 340 ($4.28). Marshalls shares last traded at GBX 335 ($4.22), with a volume of 293,908 shares trading hands.

Analyst Ratings Changes

Several research firms recently weighed in on MSLH. Berenberg Bank restated a “buy” rating and issued a GBX 420 ($5.29) price objective on shares of Marshalls in a research report on Monday, August 12th. Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 370 ($4.66) price target on shares of Marshalls in a research report on Wednesday, September 18th.

Marshalls Stock Performance

The stock has a market cap of £847.11 million, a P/E ratio of 4,187.50, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34. The stock’s 50 day simple moving average is GBX 332.15 and its two-hundred day simple moving average is GBX 325.26.

Insider Buying and Selling at Marshalls

In other Marshalls news, insider Matt Pullen acquired 14,330 shares of Marshalls stock in a transaction dated Thursday, August 22nd. The stock was bought at an average cost of GBX 349 ($4.40) per share, for a total transaction of £50,011.70 ($63,026.72). Company insiders own 2.73% of the company’s stock.

Marshalls Company Profile

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.