Marks and Spencer Group (OTCMKTS:MAKSY) Downgraded to “Hold” Rating by Peel Hunt

Peel Hunt cut shares of Marks and Spencer Group (OTCMKTS:MAKSY) from a strong-buy rating to a hold rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

Marks and Spencer Group Stock Up 1.9%

OTCMKTS MAKSY opened at $10.47 on Wednesday. The company’s fifty day moving average is $9.94 and its two-hundred day moving average is $9.51. Marks and Spencer Group has a 52-week low of $7.20 and a 52-week high of $11.51. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.45 and a current ratio of 0.82.

About Marks and Spencer Group

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.