Marks Electrical Group (LON:MRK) Reaches New 52-Week Low – Time to Sell?

Marks Electrical Group PLC (LON:MRKGet Free Report) shares hit a new 52-week low on Monday . The company traded as low as GBX 48 ($0.61) and last traded at GBX 48 ($0.61), with a volume of 7835685 shares traded. The stock had previously closed at GBX 50 ($0.63).

Marks Electrical Group Price Performance

The stock has a market capitalization of £53.92 million, a P/E ratio of 1,613.00 and a beta of 0.73. The company has a debt-to-equity ratio of 8.42, a current ratio of 1.59 and a quick ratio of 0.62. The company’s 50-day simple moving average is GBX 56.90 and its 200-day simple moving average is GBX 63.47.

Marks Electrical Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, November 28th will be issued a GBX 0.30 ($0.00) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 0.51%.

Marks Electrical Group Company Profile

(Get Free Report)

Marks Electrical Group PLC, together with its subsidiary, engages in the supply of domestic electrical appliances and consumer electronics in the United Kingdom. The company also provides removal and recycling of packaging; collection and recycling of old appliances; and extended warranties and installation services.

Further Reading

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