Marks and Spencer Group (LON:MKS) Given House Stock Rating at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Marks and Spencer Group (LON:MKS) in a report released on Wednesday, MarketBeat reports.

Marks and Spencer Group Stock Performance

MKS stock opened at GBX 368.56 ($4.64) on Wednesday. The stock’s fifty day moving average is GBX 371.84 and its two-hundred day moving average is GBX 325.15. The stock has a market capitalization of £7.44 billion, a price-to-earnings ratio of 1,755.06, a PEG ratio of 0.20 and a beta of 1.62. The company has a debt-to-equity ratio of 110.71, a quick ratio of 0.42 and a current ratio of 0.86. Marks and Spencer Group has a 1 year low of GBX 229.60 ($2.89) and a 1 year high of GBX 415.30 ($5.23).

Marks and Spencer Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, November 28th will be paid a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 0.26%. Marks and Spencer Group’s payout ratio is 1,428.57%.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through: UK Clothing & Home, UK Food, International, Ocado, and All Other segments. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move’ products.