Marks and Spencer Group plc (OTCMKTS:MAKSY) Short Interest Update

Marks and Spencer Group plc (OTCMKTS:MAKSY) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 19,400 shares, a drop of 90.8% from the September 15th total of 211,000 shares. Based on an average daily volume of 191,000 shares, the short-interest ratio is presently 0.1 days.

Marks and Spencer Group Stock Down 1.4 %

OTCMKTS:MAKSY traded down $0.14 during mid-day trading on Thursday, hitting $10.06. The stock had a trading volume of 26,823 shares, compared to its average volume of 56,983. The company has a quick ratio of 0.55, a current ratio of 0.86 and a debt-to-equity ratio of 1.02. The stock has a 50-day simple moving average of $9.20 and a two-hundred day simple moving average of $7.93. Marks and Spencer Group has a twelve month low of $5.22 and a twelve month high of $10.69.

Analysts Set New Price Targets

MAKSY has been the topic of a number of analyst reports. Barclays upgraded Marks and Spencer Group to a “strong-buy” rating in a research report on Monday, September 16th. UBS Group upgraded shares of Marks and Spencer Group from a “hold” rating to a “strong-buy” rating in a report on Monday, September 23rd. One analyst has rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.