Marks Electrical Group PLC (LON:MRK – Get Free Report) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 46.93 and traded as high as GBX 48.50. Marks Electrical Group shares last traded at GBX 47, with a volume of 2,138 shares trading hands.
Marks Electrical Group Price Performance
The firm has a market capitalization of £48.89 million, a price-to-earnings ratio of -117.50 and a beta of 0.58. The stock’s 50 day moving average price is GBX 47.14 and its two-hundred day moving average price is GBX 46.93. The company has a debt-to-equity ratio of 18.87, a current ratio of 1.49 and a quick ratio of 0.62.
Marks Electrical Group Company Profile
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. It sells its products through online platform. The company was formerly known as Marks Electrical Holding Limited and changed its name to Marks Electrical Group PLC in October 2021. Marks Electrical Group PLC was founded in 1987 and is headquartered in Leicester, United Kingdom.
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