Marks and Spencer Group (OTCMKTS:MAKSY) Sets New 1-Year High – Time to Buy?

Shares of Marks and Spencer Group PLC (OTCMKTS:MAKSY – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $11.89 and last traded at $11.89, with a volume of 11,062 shares traded. The stock had previously closed at $11.22.

Marks and Spencer Group Trading Up 7.0%

The stock’s 50 day moving average is $10.52 and its 200-day moving average is $10.07. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.54 and a current ratio of 0.86.

Marks and Spencer Group Company Profile

(Get Free Report)

Marks and Spencer Group plc is a United Kingdom-based retailer serving customers through stores and digital channels. The company operates primarily through two divisions: Food, which offers groceries, prepared meals, and related products, and Clothing & Home, which sells apparel, lingerie, footwear, home furnishings, and beauty products.

Founded in 1884 by Michael Marks and later expanded through a partnership with Thomas Spencer, Marks and Spencer has developed into one of the United Kingdom’s best-known retail brands.

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