Marlowe (LON:MRL) Reaches New 52-Week High at $488.00

Shares of Marlowe plc (LON:MRL) reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 488 ($6.45) and last traded at GBX 465 ($6.14), with a volume of 384527 shares trading hands. The stock had previously closed at GBX 456 ($6.02).

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on MRL. Royal Bank of Canada reissued an “outperform” rating and set a GBX 690 ($9.11) price target on shares of Marlowe in a report on Thursday, August 1st. Berenberg Bank reissued a “buy” rating and set a GBX 710 ($9.38) target price on shares of Marlowe in a research note on Wednesday, August 21st.

Marlowe Price Performance

The company has a debt-to-equity ratio of 58.99, a quick ratio of 0.80 and a current ratio of 1.24. The firm has a market capitalization of £429.44 million, a P/E ratio of -3,485.71 and a beta of 0.44. The business has a fifty day moving average of GBX 443.78 and a 200-day moving average of GBX 487.65.

About Marlowe

Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk and Compliance; and Testing, and Inspection and Certification. It offers health and safety consultancy, risk and audit assessments, environmental, contractor management, and training services; and health and safety support services.