Marks Electrical Group (LON:MRK) Trading 0.9% Higher – What’s Next?

Marks Electrical Group PLC (LON:MRK)’s share price rose 0.9% on Friday . The company traded as high as GBX 54 ($0.66) and last traded at GBX 53.48 ($0.65). Approximately 1,402,462 shares traded hands during trading, an increase of 116% from the average daily volume of 648,075 shares. The stock had previously closed at GBX 53 ($0.65).

Marks Electrical Group Price Performance

The company has a current ratio of 1.59, a quick ratio of 0.62 and a debt-to-equity ratio of 8.42. The business has a 50-day moving average price of GBX 53.04 and a two-hundred day moving average price of GBX 60.06. The firm has a market capitalization of £55.99 million, a price-to-earnings ratio of 1,613.00 and a beta of 0.73.

Marks Electrical Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, November 28th were given a dividend of GBX 0.30 ($0.00) per share. This represents a dividend yield of 0.51%. The ex-dividend date of this dividend was Thursday, November 28th.

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.