Marks Electrical Group PLC (LON:MRK – Get Free Report) shares hit a new 52-week high on Wednesday. The stock traded as high as GBX 50 and last traded at GBX 48.17, with a volume of 2,242 shares trading hands. The stock had previously closed at GBX 49.
Marks Electrical Group Trading Down 1.7%
The business’s 50 day moving average price is GBX 47.02 and its 200-day moving average price is GBX 46.92. The company has a current ratio of 1.49, a quick ratio of 0.62 and a debt-to-equity ratio of 18.87. The company has a market cap of £50.11 million, a price-to-earnings ratio of -120.42 and a beta of 0.58.
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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