Marshalls (LON:MSLH) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Posted by Cheyenne Larson on Nov 16th, 2024

Marshalls plc (LON:MSLH – Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 325.26 ($4.10) and traded as high as GBX 340 ($4.28). Marshalls shares last traded at GBX 335 ($4.22), with a volume of 293,908 shares trading hands.

Wall Street Analysts Forecast Growth

MSLH has been the subject of several research reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 420 ($5.29) price target on shares of Marshalls in a report on Monday, August 12th. Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 370 ($4.66) price target on shares of Marshalls in a research note on Wednesday, September 18th.

View Our Latest Analysis on MSLH

Marshalls Stock Performance

The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86. The stock has a market cap of £847.11 million, a price-to-earnings ratio of 4,187.50, a P/E/G ratio of 0.17 and a beta of 1.26. The stock has a fifty day simple moving average of GBX 332.15 and a two-hundred day simple moving average of GBX 325.26.

Insider Activity

In other news, insider Matt Pullen acquired 14,330 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The shares were bought at an average price of GBX 349 ($4.40) per share, with a total value of £50,011.70 ($63,026.72). 2.73% of the stock is currently owned by corporate insiders.

Marshalls Company Profile

(Get Free Report)

Marshalls plc, together with its subsidiaries, manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally. It offers paving products, such as flag paving, natural stone paving, block paving, permeable paving, tactile paving, accessories, steps, rail products, marker blocks, setts and cobbles, and pedestals; kerbs; and combined kerb and drainage systems, linear drainage systems, below ground drainage, offsite solutions, civils and drainage water management, specialist precast, and precast solutions.