Shares of Marks Electrical Group PLC (LON:MRK – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 48 ($0.60) and last traded at GBX 48 ($0.60), with a volume of 7835685 shares trading hands. The stock had previously closed at GBX 50 ($0.63).
Marks Electrical Group Stock Performance
The firm’s fifty day moving average price is GBX 57.49 and its 200-day moving average price is GBX 63.84. The company has a market cap of £52.87 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 current ratio of 1.59 and a quick ratio of 0.62.
Marks Electrical Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 28th will be paid a GBX 0.30 ($0.00) dividend. The ex-dividend date is Thursday, November 28th. This represents a dividend yield of 0.51%.
About Marks Electrical Group
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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