Macfarlane Group (LON:MACF) Insider Acquires £19,965.60 in Stock

Macfarlane Group PLC (LON:MACF) insider Aleen Gulvanessian bought 27,730 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were purchased at an average cost of GBX 72 per share, with a total value of £19,965.60.

Macfarlane Group Price Performance

MACF opened at GBX 66.40 on Friday. The company has a market capitalization of £104.08 million, a price-to-earnings ratio of 8.82 and a beta of 0.59. Macfarlane Group PLC has a 12-month low of GBX 61.60 and a 12-month high of GBX 122. The company has a current ratio of 0.98, a quick ratio of 0.79 and a debt-to-equity ratio of 114.70. The business’s fifty day simple moving average is GBX 71.80 and its 200-day simple moving average is GBX 77.46.

Macfarlane Group (LON:MACF) last issued its quarterly earnings results on Thursday, February 26th. The company reported GBX 3.99 earnings per share (EPS) for the quarter. Macfarlane Group had a net margin of 2.10% and a return on equity of 5.20%. On average, equities research analysts anticipate that Macfarlane Group PLC will post 7.4677529 earnings per share for the current fiscal year.

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. The Manufacturing Operations segment designs, manufactures, and assembles timber, corrugated, and foam-based packaging materials in the United Kingdom.