Marshalls (LON:MSLH) Share Price Breaks Above Two Hundred Day Moving Average – Should You Sell?

Shares of Marshalls plc (LON:MSLH – Get Your Free Report ) broke above their two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 311.46 ($4.17) and traded as high as GBX 317.50 ($4.25). Marshalls stock last traded at GBX 316 ($4.23), with a volume of 115,591 shares trading.

Analysts set new price targets

A number of brokerages have recently issued reports on MSLH. Berenberg Bank reiterated a “buy” rating and issued a GBX 420 ($5.62) price objective on shares of Marshalls in a report on Monday, August 12th. Royal Bank of Canada restated a “sector perform” rating and issued a GBX 370 ($4.95) target price on shares of Marshalls in a research report on Wednesday, September 18th.

See our latest report on MSLH

Marshalls trading up 1.7%

The company has a quick ratio of 1.34, a current ratio of 1.86, and a debt-to-equity ratio of 33.19. The company has a market cap of £812.98 million, a price-to-earnings ratio of 4,018.75, a PEG ratio of 0.17 and a beta of 1.26. The firm has a 50 day moving average price of GBX 334.52 and a two hundred day moving average price of GBX 311.70.

Marshalls cuts dividend

The company also recently declared a dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, October 24th will be issued a dividend of GBX 2.60 ($0.03) per share. The ex-dividend date is Thursday, October 24. This represents a yield of 0.76%. Marshalls’ payout ratio is 10,000.00%.

Insider trading at Marshalls

In other Marshalls news, insider Matt Pullen purchased 14,330 shares of the company’s stock in a transaction dated Thursday, August 22nd. The shares were purchased at an average cost of GBX 349 ($4.67) per share, for a total transaction of GBX 50,011.70 ($66,896.33). Corporate insiders own 2.73% of the company’s shares.

About Marshalls

(Get a free report)

Marshalls plc, together with its subsidiaries, manufactures and sells landscape, building and roofing products in the UK and internationally. Offers paving products such as Flag Paving, Natural Stone Paving, Block Paving, Permeable Paving, Tactile Paving, Accessories, Steps, Railing Products, Marker Blocks, Pavers & Pebbles & Pedestals; borders; and combined curb and drainage systems, linear drainage systems, subsurface drainage, off-site solutions, civil water and drainage management, precast and prefabricated specialist solutions.

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