Marks Electrical Group (LON:MRK) Stock Price Down 1% – Time to Sell?

Shares of Marks Electrical Group PLC (LON:MRK) were down 1% during trading on Friday. The stock traded as low as GBX 48.50 and last traded at GBX 48.50. Approximately 36 shares changed hands during trading, a decline of 100% from the average daily volume of 66,334 shares. The stock had previously closed at GBX 49.

Marks Electrical Group Stock Performance

The company has a market cap of £50.45 million, a P/E ratio of -121.25 and a beta of 0.58. The company has a quick ratio of 0.62, a current ratio of 1.49 and a debt-to-equity ratio of 18.87. The stock’s 50-day moving average price is GBX 46.92 and its 200 day moving average price is GBX 46.90.

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.