Macfarlane Group (LON:MACF) Reaches New 12-Month Low – Should You Sell?

Macfarlane Group PLC (LON:MACF)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 104 ($1.32) and last traded at GBX 105 ($1.33), with a volume of 83306 shares. The stock had previously closed at GBX 106.50 ($1.35).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Macfarlane Group in a research note on Thursday, August 22nd.

Macfarlane Group Stock Down 1.4 %

The company has a current ratio of 1.20, a quick ratio of 0.79 and a debt-to-equity ratio of 44.58. The stock has a market cap of £167.58 million, a P/E ratio of 1,188.89 and a beta of 0.68. The firm has a 50-day simple moving average of GBX 111.93 and a two-hundred day simple moving average of GBX 119.36.

Macfarlane Group Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, September 12th were issued a GBX 0.96 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, September 12th. This represents a dividend yield of 0.8%. Macfarlane Group’s dividend payout ratio (DPR) is currently 4,444.44%.

Macfarlane Group Company Profile

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe.