Macfarlane Group (LON:MACF) Announces Quarterly Earnings Results

Macfarlane Group (LON:MACF) announced its quarterly earnings data on Thursday. The company reported GBX 9.76 ($0.12) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Macfarlane Group had a net margin of 5.47% and a return on equity of 12.67%.

Macfarlane Group Trading Down 3.3 %

Shares of Macfarlane Group stock traded down GBX 3.50 ($0.04) during midday trading on Thursday, reaching GBX 104 ($1.32). The company had a trading volume of 404,351 shares, compared to its average volume of 251,864. The firm has a market cap of £164.43 million, a PE ratio of 11.15 and a beta of 0.68. Macfarlane Group has a fifty-two week low of GBX 100.75 ($1.28) and a fifty-two week high of GBX 147.50 ($1.87). The company has a debt-to-equity ratio of 44.58, a current ratio of 1.20 and a quick ratio of 0.79. The stock has a fifty day moving average price of GBX 107.43 and a 200 day moving average price of GBX 111.08.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Macfarlane Group in a research note on Friday, November 29th.

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.