Marks Electrical Group (LON:MRK) Sets New 12-Month High – Here’s What Happened

Marks Electrical Group PLC (LON:MRK – Get Free Report)’s stock price reached a new 52-week high on Wednesday. The stock traded as high as GBX 50 and last traded at GBX 48.17, with a volume of 2,242 shares. The stock had previously closed at GBX 49.

Marks Electrical Group Price Performance

The company has a 50 day moving average of GBX 47.02 and a 200-day moving average of GBX 46.92. The firm has a market capitalization of £50.11 million, a P/E ratio of -120.42 and a beta of 0.58. The company has a current ratio of 1.49, a quick ratio of 0.62 and a debt-to-equity ratio of 18.87.

About Marks Electrical Group

(Get Free Report)

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. It sells its products through online platform. The company was formerly known as Marks Electrical Holding Limited and changed its name to Marks Electrical Group PLC in October 2021. Marks Electrical Group PLC was founded in 1987 and is headquartered in Leicester, United Kingdom.

Featured Stories

Receive News & Ratings for Marks Electrical Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marks Electrical Group and related companies with MarketBeat.com's FREE daily email newsletter.