Marks and Spencer Group (OTCMKTS:MAKSY) Reaches New 52-Week High – Here’s Why

Shares of Marks and Spencer Group PLC (OTCMKTS:MAKSY – Get Free Report) hit a new 52-week high during trading on Tuesday. The company traded as high as $12.21 and last traded at $12.21, with a volume of 51,702 shares trading hands. The stock had previously closed at $11.85.

Marks and Spencer Group Stock Up 3.1%

The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.54 and a current ratio of 0.86. The stock has a 50 day moving average of $10.61 and a 200 day moving average of $10.11.

About Marks and Spencer Group

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Marks and Spencer Group is a British retailer that sells food, clothing, homeware and beauty products. Its business combines physical stores with online shopping, serving customers in the United Kingdom and through international operations. The company traces its origins to 1884, when Michael Marks opened a market stall in Leeds. Thomas Spencer joined the business in 1894, and the partnership developed into the Marks & Spencer retail chain. Marks and Spencer is headquartered in London. Stuart Machin has served as the company’s chief executive officer since 2022.

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