Shore Capital Group Reaffirms “House Stock” Rating for Macfarlane Group (LON:MACF)

Macfarlane Group (LON:MACF)‘s stock had its “house stock” rating restated by equities researchers at Shore Capital Group in a research report issued to clients and investors on Thursday,Digital Look reports.

Macfarlane Group Stock Performance

Shares of MACF stock opened at GBX 75.20 on Thursday. The company has a current ratio of 0.98, a quick ratio of 0.79 and a debt-to-equity ratio of 74.12. Macfarlane Group has a 12-month low of GBX 59.80 and a 12-month high of GBX 99. The business’s 50 day moving average is GBX 69.05 and its two-hundred day moving average is GBX 67.87. The company has a market capitalization of £116.79 million, a P/E ratio of 18.89 and a beta of 0.54.

Macfarlane Group Company Profile

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.