Marks Electrical Group PLC (LON:MRK) Insider Acquires £9,924.66 in Stock

Marks Electrical Group PLC (LON:MRK) insider Warren Middleton acquired 18,379 shares of the company’s stock in a transaction on Friday, January 31st. The shares were acquired at an average cost of GBX 54 ($0.66) per share, for a total transaction of £9,924.66 ($12,193.96).

Marks Electrical Group Stock Performance

LON MRK traded down GBX 0.15 ($0.00) during trading on Monday, hitting GBX 53.23 ($0.65). 25,879 shares of the company’s stock traded hands, compared to its average volume of 223,637. The stock has a market capitalization of £55.73 million, a price-to-earnings ratio of 1,613.00 and a beta of 0.73. Marks Electrical Group PLC has a 12-month low of GBX 48 ($0.59) and a 12-month high of GBX 80 ($0.98). The company has a debt-to-equity ratio of 8.42, a quick ratio of 0.62 and a current ratio of 1.59. The business has a 50 day moving average of GBX 53.11 and a 200-day moving average of GBX 58.25.

Marks Electrical Group (LON:MRK) last released its quarterly earnings data on Tuesday, November 12th. The company reported GBX 0.72 ($0.01) EPS for the quarter. Marks Electrical Group had a net margin of 0.37% and a return on equity of 3.10%. As a group, equities research analysts anticipate that Marks Electrical Group PLC will post 3.5523979 earnings per share for the current fiscal year.

Marks Electrical Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, November 28th were given a dividend of GBX 0.30 ($0.00) per share. This represents a dividend yield of 0.51%. The ex-dividend date was Thursday, November 28th.

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.