Marks Electrical Group (LON:MRK) Sets New 52-Week Low – Here’s Why

Marks Electrical Group PLC (LON:MRKGet Free Report)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as GBX 58 ($0.76) and last traded at GBX 58 ($0.76), with a volume of 11490 shares trading hands. The stock had previously closed at GBX 60 ($0.78).

Marks Electrical Group Stock Down 2.6 %

The company has a debt-to-equity ratio of 8.42, a current ratio of 1.59 and a quick ratio of 0.62. The company has a market cap of £59.67 million, a PE ratio of 1,613.00 and a beta of 0.73. The business’s 50 day moving average is GBX 61.78 and its 200-day moving average is GBX 66.50.

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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