Marks Electrical Group (LON:MRK) Trading 0.9% Higher – What’s Next?

Marks Electrical Group PLC (LON:MRK) shares shot up 0.9% during trading on Friday . The company traded as high as GBX 54 ($0.66) and last traded at GBX 53.48 ($0.65). 1,402,462 shares traded hands during mid-day trading, an increase of 116% from the average session volume of 648,075 shares. The stock had previously closed at GBX 53 ($0.65).

Marks Electrical Group Trading Up 0.9 %

The stock has a market capitalization of £55.99 million, a price-to-earnings ratio of 1,613.00 and a beta of 0.73. The company has a debt-to-equity ratio of 8.42, a quick ratio of 0.62 and a current ratio of 1.59. The business has a 50-day moving average of GBX 53.04 and a 200-day moving average of GBX 60.06.

Marks Electrical Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, November 28th were issued a GBX 0.30 ($0.00) dividend. The ex-dividend date was Thursday, November 28th. This represents a dividend yield of 0.51%.

Marks Electrical Group Company Profile

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.