Shares of Marks Electrical Group PLC (LON:MRK – Get Free Report) hit a new 52-week high on Wednesday. The stock traded as high as GBX 50 and last traded at GBX 48.17, with a volume of 2,242 shares. The stock had previously closed at GBX 49.
Marks Electrical Group Price Performance
The company’s 50-day moving average is GBX 47.11 and its 200-day moving average is GBX 46.93. The company has a debt-to-equity ratio of 18.87, a current ratio of 1.49 and a quick ratio of 0.62. The firm has a market capitalization of £48.89 million, a price-to-earnings ratio of -117.50 and a beta of 0.58.
About Marks Electrical Group
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.
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