Marks and Spencer Group (OTCMKTS:MAKSY) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Marks and Spencer Group plc (OTCMKTS:MAKSYGet Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $9.40 and traded as low as $8.09. Marks and Spencer Group shares last traded at $8.16, with a volume of 40,510 shares trading hands.

Marks and Spencer Group Stock Down 2.3 %

The business has a fifty day moving average of $9.40 and a 200 day moving average of $9.27. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.45 and a current ratio of 0.82.

Marks and Spencer Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, November 29th were given a $0.0258 dividend. The ex-dividend date of this dividend was Friday, November 29th.

Marks and Spencer Group Company Profile

(Get Free Report)

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.

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