Marks Electrical Group PLC (LON:MRK – Get Free Report)’s stock price rose 1.7% during trading on Wednesday . The stock traded as high as GBX 59 ($0.75) and last traded at GBX 59 ($0.75). Approximately 87,789 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 172,265 shares. The stock had previously closed at GBX 58 ($0.74).
Marks Electrical Group Price Performance
The stock’s fifty day simple moving average is GBX 56.04 and its 200 day simple moving average is GBX 55.35. 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 firm has a market capitalization of £61.92 million, a P/E ratio of 145.03 and a beta of 0.73.
Insiders Place Their Bets
In other Marks Electrical Group news, insider Warren Middleton acquired 18,379 shares of the stock in a transaction that occurred on Friday, January 31st. The stock was bought at an average cost of GBX 54 ($0.69) per share, for a total transaction of £9,924.66 ($12,681.65). 79.32% of the stock is currently owned by company insiders.
About Marks Electrical Group
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.
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