Marshalls (LON:MSLH) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Marshalls plc (LON:MSLH) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 149.48 and traded as high as GBX 176.80. Marshalls shares last traded at GBX 174.87, with a volume of 754,199 shares traded.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada decreased their price target on shares of Marshalls from GBX 195 to GBX 170 and set a “sector perform” rating for the company in a report on Wednesday, April 22nd. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Marshalls presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 265.

Marshalls Trading Up 0.3%

The company has a market capitalization of £444.01 million, a P/E ratio of 31.35, a P/E/G ratio of 0.17 and a beta of 1.27. The company has a 50-day simple moving average of GBX 147.06 and a 200 day simple moving average of GBX 149.48. The company has a debt-to-equity ratio of 27.74, a quick ratio of 1.34 and a current ratio of 1.78.

Insiders Place Their Bets

In other news, insider Paul Inman bought 3,940 shares of Marshalls stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of GBX 125 per share, with a total value of £4,925. Also, insider Vanda Murray bought 10,000 shares of Marshalls stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of GBX 126 per share, with a total value of £12,600. In the last quarter, insiders bought 568,762 shares of company stock worth $85,342,894. 1.10% of the stock is currently owned by company insiders.

Marshalls Company Profile

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. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.