Macfarlane Group (LON:MACF) Receives “House Stock” Rating from Shore Capital

Macfarlane Group (LON:MACF)‘s stock had its “house stock” rating restated by analysts at Shore Capital in a note issued to investors on Friday,Digital Look reports.

Macfarlane Group Price Performance

MACF stock opened at GBX 105 ($1.33) on Friday. The business has a 50 day simple moving average of GBX 110.64 and a 200-day simple moving average of GBX 117.88. Macfarlane Group has a twelve month low of GBX 100.75 ($1.28) and a twelve month high of GBX 147.50 ($1.87). The company has a market capitalization of £167.58 million, a P/E ratio of 1,166.67 and a beta of 0.68. The company has a current ratio of 1.20, a quick ratio of 0.79 and a debt-to-equity ratio of 44.58.

About Macfarlane Group

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe.