Marlowe plc (LON:MRL) Insider Purchases £46,350 in Stock

Marlowe plc (LON:MRL) insider Peter M. R. Gaze bought 15,000 shares of Marlowe stock in a transaction on Friday, September 27th. The shares were purchased at an average cost of GBX 309 ($4.13) per share, with a total value of £46,350 ($61,998.39).

Marlowe Stock Performance

Shares of MRL opened at GBX 328.83 ($4.40) on Wednesday. The firm has a market capitalization of £289.37 million, a PE ratio of -2,344.64 and a beta of 0.44. The company has a quick ratio of 0.80, a current ratio of 1.24 and a debt-to-equity ratio of 58.99. The firm has a 50-day moving average price of GBX 436.14 and a 200 day moving average price of GBX 482.13. Marlowe plc has a 52-week low of GBX 220 ($2.94) and a 52-week high of GBX 620 ($8.29).

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MRL shares. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 690 ($9.23) price objective on shares of Marlowe in a research report on Thursday, August 1st. Berenberg Bank reaffirmed a “buy” rating and set a GBX 710 ($9.50) target price on shares of Marlowe in a research note on Wednesday, August 21st.

Marlowe Company Profile

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.