Marks and Spencer Group’s (MKS) “House Stock” Rating Reiterated at Shore Capital

Shore Capital reiterated their house stock rating on shares of Marks and Spencer Group (LON:MKS) in a report released on Wednesday morning, MarketBeat reports.

Marks and Spencer Group Trading Up 0.3 %

MKS stock opened at GBX 368.56 ($4.64) on Wednesday. The business has a fifty day simple moving average of GBX 371.84 and a 200-day simple moving average of GBX 325.15. Marks and Spencer Group has a 52 week low of GBX 229.60 ($2.89) and a 52 week high of GBX 415.30 ($5.23). The company has a quick ratio of 0.42, a current ratio of 0.86 and a debt-to-equity ratio of 110.71. The company has a market cap of £7.44 billion, a price-to-earnings ratio of 1,755.06, a PEG ratio of 0.20 and a beta of 1.62.

Marks and Spencer Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be issued a GBX 1 ($0.01) dividend. This represents a yield of 0.26%. The ex-dividend date is Thursday, November 28th. Marks and Spencer Group’s dividend payout ratio is presently 1,428.57%.

About Marks and Spencer Group

Marks and Spencer Group plc operates various retail stores. It operates through: UK Clothing & Home, UK Food, International, Ocado, and All Other segments. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move’ products.