Joshua E. T. A. Egan Sells 40,000 Shares of Marks Electrical Group PLC (LON:MRK) Stock

Marks Electrical Group PLC (LON:MRK) insider Joshua E. T. A. Egan sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of GBX 70 ($0.86), for a total value of £28,000 ($34,584.98).

Marks Electrical Group Trading Down 1.4 %

LON:MRK opened at GBX 70 ($0.86) on Friday. The stock’s 50 day moving average price is GBX 71.16 and its 200 day moving average price is GBX 80.72. The company has a market capitalization of £73.47 million, a PE ratio of 1,750.00 and a beta of 0.80. The company has a quick ratio of 0.62, a current ratio of 1.47 and a debt-to-equity ratio of 6.38. Marks Electrical Group PLC has a 52-week low of GBX 65 ($0.80) and a 52-week high of GBX 110 ($1.36).

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MRK. Canaccord Genuity Group restated a “buy” rating and set a GBX 100 ($1.24) price target on shares of Marks Electrical Group in a research note on Tuesday, April 16th. Shore Capital restated a “buy” rating on shares of Marks Electrical Group in a research note on Tuesday, April 16th.

About Marks Electrical Group

Marks Electrical Group PLC operates as an electrical retailer in the United Kingdom. It sells, delivers, and installs domestic electrical appliances, consumer electronics, and warranty products. The company was formerly known as Marks Electrical Holding Limited and changed its name to Marks Electrical Group PLC in October 2021.