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

Marks Electrical Group PLC (LON:MRK) insider Warren Middleton acquired 18,379 shares of the stock in a transaction dated Friday, January 31st. The shares were bought at an average cost of GBX 54 ($0.68) per share, with a total value of £9,924.66 ($12,407.38).

Marks Electrical Group Price Performance

Shares of MRK opened at GBX 56 ($0.70) on Thursday. Marks Electrical Group PLC has a twelve month low of GBX 48 ($0.60) and a twelve month high of GBX 80 ($1.00). The company has a current ratio of 1.59, a quick ratio of 0.62 and a debt-to-equity ratio of 8.42. The firm has a market capitalization of £58.63 million, a price-to-earnings ratio of 1,613.00 and a beta of 0.73. The firm’s fifty day simple moving average is GBX 53.27 and its 200-day simple moving average is GBX 58.03.

Marks Electrical Group (LON:MRK) last announced its quarterly earnings results 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%. Equities analysts forecast that Marks Electrical Group PLC will post 3.5523979 EPS for the current fiscal year.

Marks Electrical Group Cuts Dividend

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