Marlowe (LON:MRL) Trading Down 1%

Shares of Marlowe PLC (LON:MRL) fell 1% on Tuesday . The company traded as low as GBX 490 ($6.45) and last traded at GBX 490 ($6.45), 2,222 shares were traded during mid-day trading. A decline of 87% from the average session volume of 17,193 shares. The stock had previously closed at GBX 495 ($6.51).

Separately, Berenberg Bank restated a “buy” rating and set a GBX 620 ($8.16) price objective on shares of Marlowe in a research note on Tuesday, December 3rd.

The company has a debt-to-equity ratio of 39.63, a current ratio of 1.24 and a quick ratio of 1.06. The company’s fifty day moving average price is GBX 472.89 and its 200 day moving average price is GBX 443.96. The company has a market cap of $225.31 million and a PE ratio of 307.50.

In other news, insider Alex Dacre purchased 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 24th. The shares were acquired at an average cost of GBX 494 ($6.50) per share, for a total transaction of £19,760 ($25,993.16).

About Marlowe (LON:MRL)

Marlowe plc provides fire and security, water treatment, and air hygiene services in the United Kingdom. It operates through two segments, Fire Protection & Security Systems, and Water Treatment & Air Quality. The company designs, installs, and maintains fire protection and security systems for retailers, banks, and housing associations, as well as leisure, education, retail, local authority customers; and provides integrated water treatment, hygiene, testing, and engineering services.

Recommended Story: Price-Sales Ratio

Receive News & Ratings for Marlowe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marlowe and related companies with MarketBeat.com's FREE daily email newsletter.