MS INTERNATIONAL (LON:MSI) Stock Price Up 11% – Here’s Why

MS INTERNATIONAL plc (LON:MSI) was up 11% on Thursday. The stock traded as high as GBX 1,580 and last traded at GBX 1,570. Approximately 287,844 shares traded hands during mid-day trading, an increase of 960% from the average daily volume of 27,161 shares. The stock had previously closed at GBX 1,415.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating on shares of MS INTERNATIONAL in a research report on Monday, August 24th.

MS INTERNATIONAL Stock Down 0.6%

The firm’s 50-day moving average price is GBX 1,572.21 and its 200 day moving average price is GBX 1,517.33. The firm has a market capitalization of £256.50 million, a price-to-earnings ratio of 23.74 and a beta of 0.04. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.75 and a quick ratio of 0.95.

MS INTERNATIONAL (LON:MSI) last issued its quarterly earnings data on Thursday, July 16th. The company reported GBX 67.40 earnings per share (EPS) for the quarter. MS INTERNATIONAL had a return on equity of 16.56% and a net margin of 9.58%.

MS INTERNATIONAL Company Profile

MS INTERNATIONAL plc, together with its subsidiaries, engages in the design, manufacture, construction, and servicing of a range of engineering products and structures in the United Kingdom, Europe, the United States of America, Asia, South America, and internationally. It operates through Defence and Security, Forgings, Petrol Station Superstructures, and Corporate Branding divisions. The company offers defense equipment and open die forgings. It also engages in the design, manufacture, construction, maintenance, and restyling of petrol station superstructures and forecourts.