Marks and Spencer Group PLC (OTCMKTS:MAKSY) Sees Significant Decline in Short Interest

Marks and Spencer Group PLC (OTCMKTS:MAKSYGet Free Report) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 112,389 shares, a decrease of 20.1% from the January 29th total of 140,696 shares. Based on an average trading volume of 251,531 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 251,531 shares, the days-to-cover ratio is presently 0.4 days.

Marks and Spencer Group Stock Performance

MAKSY opened at $10.35 on Thursday. The company has a current ratio of 0.81, a quick ratio of 0.46 and a debt-to-equity ratio of 1.01. The firm’s fifty day moving average price is $10.06 and its two-hundred day moving average price is $9.76. Marks and Spencer Group has a fifty-two week low of $8.40 and a fifty-two week high of $11.51.

Analyst Ratings Changes

Separately, Berenberg Bank raised shares of Marks and Spencer Group from a “hold” rating to a “buy” rating in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

View Our Latest Stock Report on Marks and Spencer Group

Marks and Spencer Group Company Profile

(Get Free Report)

Marks and Spencer Group plc (OTCMKTS: MAKSY), commonly known as M&S, is a leading British retailer operating a network of full-line stores, food halls and online channels. The company’s retail portfolio spans clothing and home products as well as premium grocery offerings. M&S is recognized for its emphasis on quality, innovation and ethical sourcing across its range of private-label apparel, homeware and prepared foods.

In the apparel and home division, M&S designs and markets women’s, men’s and children’s fashion under core brands such as Autograph, Per Una and Collection, alongside its own bedding, kitchenware and furnishings.

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