Marshalls (LON:MSLH) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Marshalls plc (LON:MSLH)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 278.82 ($3.71) and traded as high as GBX 293 ($3.90). Marshalls shares last traded at GBX 289.90 ($3.86), with a volume of 312,371 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 420 ($5.59) price target on shares of Marshalls in a report on Wednesday, January 22nd.

Marshalls Stock Up 0.8 %

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 firm’s 50-day moving average price is GBX 255.53 and its two-hundred day moving average price is GBX 278.82. The firm has a market cap of £729.25 million, a PE ratio of 33.86, a P/E/G ratio of 0.17 and a beta of 1.26.

Marshalls (LON:MSLH) last issued its quarterly earnings data on Tuesday, March 18th. The company reported GBX 16 ($0.21) earnings per share (EPS) for the quarter. Marshalls had a return on equity of 3.32% and a net margin of 3.46%. As a group, equities research analysts expect that Marshalls plc will post 18.2342758 EPS for the current fiscal year.

Marshalls Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Thursday, June 5th will be issued a GBX 5.40 ($0.07) dividend. This is an increase from Marshalls’s previous dividend of $2.60. This represents a dividend yield of 2.26%. The ex-dividend date is Thursday, June 5th. Marshalls’s dividend payout ratio is presently 93.44%.

Insider Activity

In other Marshalls news, insider Simon Bourne sold 14,048 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of GBX 237 ($3.15), for a total transaction of £33,293.76 ($44,291.29). Corporate insiders own 2.73% of the company’s stock.

About Marshalls

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership.