Marks Electrical Group (LON:MRK) Reaches New 1-Year Low – What’s Next?

Marks Electrical Group PLC (LON:MRKGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 49 ($0.63) and last traded at GBX 50 ($0.64), with a volume of 262959 shares traded. The stock had previously closed at GBX 58.50 ($0.75).

Marks Electrical Group Stock Performance

The firm has a market cap of £52.87 million, a price-to-earnings ratio of 1,613.00 and a beta of 0.73. The firm’s 50-day moving average is GBX 59.16 and its 200-day moving average is GBX 64.75. The company has a current ratio of 1.59, a quick ratio of 0.62 and a debt-to-equity ratio of 8.42.

Marks Electrical Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, November 28th will be given a dividend of GBX 0.30 ($0.00) per share. This represents a dividend yield of 0.51%. The ex-dividend date is Thursday, November 28th.

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.

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