Marks and Spencer Group (OTCMKTS:MAKSY) Shares Gap Down – What’s Next?
by Scott Moore · The Cerbat GemShares of Marks and Spencer Group PLC (OTCMKTS:MAKSY – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $9.17, but opened at $8.87. Marks and Spencer Group shares last traded at $8.94, with a volume of 4,822 shares trading hands.
Analyst Ratings Changes
Separately, Berenberg Bank upgraded shares of Marks and Spencer Group from a “hold” rating to a “buy” rating in a report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Marks and Spencer Group has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on Marks and Spencer Group
Marks and Spencer Group Stock Down 4.4%
The business’s 50 day moving average is $9.85 and its 200 day moving average is $9.74. The company has a quick ratio of 0.46, a current ratio of 0.81 and a debt-to-equity ratio of 1.01.
Marks and Spencer Group Company Profile
Marks and Spencer Group plc (OTCMKTS: MAKSY), commonly known as M&S, is a leading British retailer operating a network of full-line stores, food halls and online channels. The company’s retail portfolio spans clothing and home products as well as premium grocery offerings. M&S is recognized for its emphasis on quality, innovation and ethical sourcing across its range of private-label apparel, homeware and prepared foods.
In the apparel and home division, M&S designs and markets women’s, men’s and children’s fashion under core brands such as Autograph, Per Una and Collection, alongside its own bedding, kitchenware and furnishings.