Marshalls (LON:MSLH) Stock Price Crosses Above 200 Day Moving Average of $0.00

Marshalls plc (LON:MSLH)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $636.50. Marshalls shares last traded at $626.50, with a volume of 139,774 shares trading hands.

Several analysts have recently weighed in on the stock. Numis Securities lifted their price objective on shares of Marshalls from GBX 550 ($7.19) to GBX 600 ($7.84) and gave the company a “hold” rating in a research note on Wednesday, May 15th. Shore Capital lowered their price objective on shares of Marshalls from GBX 170 ($2.22) to GBX 145 ($1.89) and set a “hold” rating for the company in a research note on Wednesday, May 22nd. Finally, Peel Hunt reiterated an “add” rating on shares of Marshalls in a research note on Tuesday, July 9th. Five research analysts have rated the stock with a hold rating, Marshalls has an average rating of “Hold” and an average target price of GBX 493 ($6.44).

The firm has a market cap of $1.24 billion and a price-to-earnings ratio of 23.72. The stock’s 50 day simple moving average is GBX 654.86. The company has a debt-to-equity ratio of 31.17, a quick ratio of 0.81 and a current ratio of 1.57.

Marshalls Company Profile (LON:MSLH)

Marshalls plc manufactures and supplies hard landscaping products in the United Kingdom and internationally. It operates through Landscape Products and Others segments. The company offers interior, garden, and driveways products, including garden paving, driveways, garden paths, kerbs and edging products, and garden walling products; and interior tiles and stones.

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