Mears Group (LON:MER) Announces Earnings Results

Mears Group (LON:MER) announced its quarterly earnings data on Thursday. The company reported GBX 50.27 ($0.64) EPS for the quarter, Digital Look Earnings reports. Mears Group had a net margin of 3.67% and a return on equity of 21.83%.

Mears Group Stock Up 11.9 %

MER stock opened at GBX 399.10 ($5.10) on Thursday. The stock has a market capitalization of £349.65 million, a P/E ratio of 8.89, a price-to-earnings-growth ratio of 0.68 and a beta of 1.26. The company has a current ratio of 0.87, a quick ratio of 0.92 and a debt-to-equity ratio of 139.90. Mears Group has a 12 month low of GBX 322 ($4.11) and a 12 month high of GBX 411 ($5.25). The firm has a 50-day moving average price of GBX 372.16 and a 200-day moving average price of GBX 367.29.

Mears Group Company Profile

Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services.