Marks Electrical Group PLC (LON:MRK – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 50 and last traded at GBX 47.30, with a volume of 254 shares trading hands. The stock had previously closed at GBX 48.50.
Marks Electrical Group Trading Up 6.4%
The business’s 50 day moving average price is GBX 47.23 and its two-hundred day moving average price is GBX 46.94. The company has a current ratio of 1.49, a quick ratio of 0.62 and a debt-to-equity ratio of 18.87. The company has a market capitalization of £52.02 million, a price-to-earnings ratio of -125.00 and a beta of 0.58.
About Marks Electrical Group
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.
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