Marks Electrical Group (LON:MRK) Trading 2.3% Higher – Should You Buy?

Marks Electrical Group PLC (LON:MRKGet Free Report)’s share price rose 2.3% during trading on Thursday . The company traded as high as GBX 53.70 ($0.67) and last traded at GBX 53.70 ($0.67). Approximately 4,638 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 102,974 shares. The stock had previously closed at GBX 52.50 ($0.66).

Marks Electrical Group Stock Up 1.3 %

The business’s 50 day moving average is GBX 54.50 and its 200 day moving average is GBX 61.74. The company has a debt-to-equity ratio of 8.42, a quick ratio of 0.62 and a current ratio of 1.59. The stock has a market cap of £55.66 million, a price-to-earnings ratio of 1,613.00 and a beta of 0.73.

Marks Electrical Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, November 28th were given a GBX 0.30 ($0.00) dividend. The ex-dividend date was Thursday, November 28th. This represents a dividend yield of 0.51%.

About Marks Electrical Group

(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.

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