Marks Electrical Group (LON:MRK – Get Free Report) released its quarterly earnings data on Monday. The company reported GBX (40) EPS for the quarter, Digital Look Earnings reports. The company had revenue of £107.93 million during the quarter. Marks Electrical Group had a negative net margin of 0.39% and a negative return on equity of 4.18%.
Marks Electrical Group Stock Performance
LON MRK opened at GBX 45.30 on Monday. The firm’s fifty day moving average price is GBX 48.58 and its two-hundred day moving average price is GBX 47.06. The stock has a market cap of £47.23 million, a PE ratio of -43.98 and a beta of 0.57. The company has a debt-to-equity ratio of 18.87, a quick ratio of 0.62 and a current ratio of 1.49. Marks Electrical Group has a fifty-two week low of GBX 42 and a fifty-two week high of GBX 63.
Analysts Set New Price Targets
MRK has been the topic of several research analyst reports. Shore Capital Group reissued a “hold” rating and issued a GBX 50 price target on shares of Marks Electrical Group in a report on Friday. Canaccord Genuity Group reissued a “buy” rating and set a GBX 55 price target on shares of Marks Electrical Group in a report on Friday. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Marks Electrical Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 52.50.
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. It sells its products through online platform. The company was formerly known as Marks Electrical Holding Limited and changed its name to Marks Electrical Group PLC in October 2021. Marks Electrical Group PLC was founded in 1987 and is headquartered in Leicester, United Kingdom.
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